Nifty break down below cloud low at 10488

18 thg 2, 2018

After consolidating in cloud Nifty break down below cloud low at 10488 . There was attempt by Bulls to pull Nifty up which resulted in small bullish cloud formation . However bulls attempt failed and Nifty broke cloud low of 10488 .

Now going forward cloud low may act as resistance around 10510.

Downside Nifty spot may slide till previous low .