bijoy2526

NIFTY surrenders support 4 to FII in the last hour

NSE:NIFTY   Índice Nifty 50
yesterday's post of morning star was negated when nifty price entered
in to the market profile of nifty in early hours.
nifty could not sustain the gap up.
even during the last hour huge selling in nifty violated the support 4.
the way reliance has violated the 200 dma suggests more down side as nifty is
trading well above 200 dma.
if FII selling continues we can see more down side.
It is very crucial for nifty to hold support 4
let us see if budget can bring any cheers to the market.

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