TODAY WE WITNESSED SELLING ACROSS THE BOARD AND NIFTY CRASHED VERTICALLY. FROM THE LAST TWO POSTS WE ARE SHOUTING THAT NIFTY IS TRADING WITH NEGATIVE BIAS AND AS EXPECTED FINAL SHAPE GIVEN TODAY.
NOW WHAT TO EXPECT???
NIFTY TODAY FORMED A STRONG BEARISH CANDLE ON A DAILY CHART AND GAVE CLOSE AT 5745. THE SENTIMENT HAS NOW BEEN SPOILED AND ONE MUST EXERCISE EXTRA CAUTION WHILE TRADING AND SELECTING THE RIGHT STOCK.
SUPPORT AT 5723-5660 AND 5630 THE ULTIMATE SUPPORT
RESISTANCE AT 5792-5814
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