Wednesday, July 10, 2019


NIFTY  DAILY  TRENDS
10072019

Nifty is in long term uptrend since October 2018 and currently honoring its 200 EMA. From last two trading sessions it is taking support from its strong upward trend line.

In near coming future NIFTY is unquestionably bullish and the current minor fall is just a correction in its major uptrend, which is just a part of regular trend cycle based on time.

Nifty has a Support at  11365 and resistance zone of 12000.
Though in today's trading session Declines are dominating the gains,so creating fresh buy position will take time hence one should focus on long term.



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