Wealthcam

Important SUPPORT is still secured

NSE:NIFTY   Índice Nifty 50
As we analysed yesterday that the opening is very important and any flat to positive openeing could show strong upmove and we did saw that today but that upmove couldn’t sustain any longer and fell in the second half but still closed above our given support! this shows the same scenario as yesterday and same setup can be implied but continuous hitting on support is making rhe level weaker and hence as soon as the level is broken we can go short as this level will later act as resistance and one sided fall of 200 points can be seen in nifty

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