NIFTY 50 ......WEDNESDAY 27 JULY ANALYSIS
Nifty today traded in same area as we expected yesterday. Tomorrow if gap downs and hits 16340 price level we can expect retracement till 16400 as it is a major resistance area.
If gap ups or price breaks channel and moves beyond 16570 price level immediate target would be 16680. Being wednesday i dont expect big movement of price either side tomorrow.
If gap ups or price breaks channel and moves beyond 16570 price level immediate target would be 16680. Being wednesday i dont expect big movement of price either side tomorrow.
Aviso legal
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