Nifty chart - Technical view
Nifty chart - Technical view
1) This is nifty chart
2) This is for 1-hour
3) SMA 50 support at 24870
4) Hence we consider 24850-24900 as strong support
5) We are expecting retracement here.
6) If these levels are respected than we may see 25100 in coming week again
7) Sector in focus shall be banking - stock on radar shall be HDFCBANK
8) After positive speech from US FED banking shall do well.
9) All this is for information. This is not a buy/sell call
Thank you,
Technofunda24
#TechnicalViews#IndexStrategies

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