NIFTY UPDATES...
Since NIFTY upmoves everytime it goes below 4900 thas showing stron base at 4900 levels. As per charts & technical indicators,
NIFTY may try to found support at 4750-4780 levels in the worst case. Problem will arise only if NIFTY manages to close below 4750 levels.
It is better to start forming LONG positions with strict SL-4750 if there is a panic fall in the market that drives NIFTY below 4850 levels.
Since NIFTY upmoves everytime it goes below 4900 thas showing stron base at 4900 levels. As per charts & technical indicators,
NIFTY may try to found support at 4750-4780 levels in the worst case. Problem will arise only if NIFTY manages to close below 4750 levels.
It is better to start forming LONG positions with strict SL-4750 if there is a panic fall in the market that drives NIFTY below 4850 levels.
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