As you can see the correction in Nifty is getting deeper. It was not even
able to give a decent bounce back also since morning.
This shows that the weakness has been quite heavy and it make show
much more lower levels.
Now the immediate support is 8740, which once it fails to hold, we could
see fall towards 8600-8630.
Here we could see some good support. But we need to wait and see if
this could hold.
able to give a decent bounce back also since morning.
This shows that the weakness has been quite heavy and it make show
much more lower levels.
Now the immediate support is 8740, which once it fails to hold, we could
see fall towards 8600-8630.
Here we could see some good support. But we need to wait and see if
this could hold.
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