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Nifty view

Discussion in 'Technical Analysis' started by verenmitter2001, Oct 18, 2016.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi Shabir
    What's your view on nifty?
    I think 8500 is a good support n we can go long on nifty. Or we wait a consolidation pattern on yesterday day low n enter on leg up.
    Kindly share your view.
    Regards
    Veren
     
    verenmitter2001, Oct 18, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    Nope. I would like to see the support being held and then go long only in the leg up. As of now it is in leg down and looks like it will not be broken but does not mean will take position based on what looks like.
     
    shabbir, Oct 18, 2016
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