NIFTY
closed at almost it's day low today. 15800-15820 is going to be good support for it. It may take sometime to cross 16000 levels or it can keep consolidating for a few weeks. As of now, RSI is strong (˜65). Until it's above 50 on daily timeframe I would consider it bullish.
NIFTY
closed at almost it's day low today. 15800-15820 is going to be good support for it. It may take sometime to cross 16000 levels or it can keep consolidating for a few weeks. As of now, RSI is strong (˜65). Until it's above 50 on daily timeframe I would consider it bullish.