Technical Analysis
Ninad RamdasiCategories: Flash News Investment App, Recommendations
Nifty closed above the 50-DMA for the second successive day. It opened on a pessimistic note and tested the level of 17,421, which is a crucial support level, and bounced thereafter. It also faced resistance at a 61.8 per cent retracement level for the second straight day.
Nifty closed above the 50-DMA for the second successive day. It opened on a pessimistic note and tested the level of 17,421, which is a crucial support level, and bounced thereafter. It also faced resistance at a 61.8 per cent retracement level for the second straight day.
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