Nifty index opened 4th trading session of week with positive but selling pressure push down index up to 10100 level. Bulls rallied to the Hurdles around 10212 level Bears attacked on bulls once again gripping on bulls and ready to make blast. Bear has been the winner near its area. On daily chart it form bearish hammer with engulfing the previous candle and also support of 200 DMA broken….next leg of bears are open. Now there is Expiry week ahead with only three trading session. So have to look the Bears will be Winner and March Expiry will be in bears pocket. Index hurdles are 10168-10200 support are 10035-9985-9925
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Thank you Lord...for your wisdom....Nifty Below 10000.