It seems global factors are not supporting Indian stock market.
it seems further correction is due before we can get another uptrend.
today nifty formed higher high and lower low compared to yesterday.
It seems if it breaks today's low next support comes at 10520 and then 10458 -10435.
on the upside it may face resistance at 10698-10761-10798.
Due to expiry day there is likely to be much volatility.
my bias is negative as had broken weekly low and today's sell off at higher level.
it seems further correction is due before we can get another uptrend.
today nifty formed higher high and lower low compared to yesterday.
It seems if it breaks today's low next support comes at 10520 and then 10458 -10435.
on the upside it may face resistance at 10698-10761-10798.
Due to expiry day there is likely to be much volatility.
my bias is negative as had broken weekly low and today's sell off at higher level.