NIFTY EXPIRY,CAN THE BULLS OVERCOME PRESSURE?
In daily time frame nifty exhibits a doji followed by red candle(lower low)
In four hours time frame divergence seen between price and oscillator.
Bank nifty too exhibit a spinning top followed by lower low red candle.
Much efforts needed to over come these for bulls.
Nifty unable to pass through the trend line shown in the chart.
Nifty has immediate support at 11032.
Next support of nifty is at 10902-10905 range.
If nifty breaks yesterday's low(28/08/2019) much lower levels may be there.
Interesting actions may be there in the expiry day.
In four hours time frame divergence seen between price and oscillator.
Bank nifty too exhibit a spinning top followed by lower low red candle.
Much efforts needed to over come these for bulls.
Nifty unable to pass through the trend line shown in the chart.
Nifty has immediate support at 11032.
Next support of nifty is at 10902-10905 range.
If nifty breaks yesterday's low(28/08/2019) much lower levels may be there.
Interesting actions may be there in the expiry day.
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