NIFTY DAILY PRICE ACTION STUDY : Price action
In today's session a follow -up bearish candle has formed, which was quite expected on seeing strong Bearish engulfing in yesterday's session.
If you look at candles, you could find that the today's momentum was bit less than the previous session, which suggests keeping near near term resistance levels in check, so that the further move can be tapped on the right side.
Near term support can be seen at 10250 & 10180
Near term resistance can be seen at 10380
If you look at candles, you could find that the today's momentum was bit less than the previous session, which suggests keeping near near term resistance levels in check, so that the further move can be tapped on the right side.
Near term support can be seen at 10250 & 10180
Near term resistance can be seen at 10380
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