Wealthcam

NIFTY getting very weak below this level

NSE:NIFTY   Nifty50指数
As we can see NIFTY fell unidirectionally after showing a small up move in the first half as we analysed that unless NIFTY breaches 19500 level, it remains negative. Now we can see NIFTY has formed more like a head and shoulders pattern in smaller time frame and following the global cues we may expect a negative opening of NIFTY but if it opens flat and breaches 19300 level we may expect a great directional fall but if it opens with huge gap down then we may see NIFTY hitting demand zones present with gaps creating noise in the market so plan your trades accordingly

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