Sunday 2 August 2020

NIFTY TREND

Trend for the month - August 2020

After having a non stop rally unto 11341, nifty has taken a breather. August 2020 likely to see some action on the down side.  Please note down the following levels which are very critical.

10562 - Nifty bounced from here twice in July 2020. Any failure to hold this levels shall take nifty back to 10299. If it again fail to hold 10299 we can see 9508/8996.

The weekly levels for nifty and bank nifty for the next week is as below:

        

Anyone dealing in Stock futures may get in touch with me for assistance. 


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