Nifty - Technical update
Nifty - Technical update
1) Nifty chart attached for the week
2) We broke last week's low
3) However, we managed to close above that
4) We rejected RSI 60 on weekly chart
5) Hence, bullish momentum is gone now
6) We are entering again sideways momentum
7) Support at 24450-24500
8) Resistance at 24900-24950
9) Sector in focus - still Banking and NBFCs - Stock on radar - BAJFINANCE
10) All this is for information.
11) This is not a buy/sell call.
Thank you,
Technofunda24
#WatchOutFor#TechnicalViews

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