Nifty formed a long Bearish candle on Weekly Expiry Day
Nifty continued with more correction on thursay expiry session
The index after breaking the support of 22200 in 1st half,
witnessed more correction in last hours to slip below imp 22k zone
The Index has also come in oversold zone, a pullback in the market is possible
But until Nifty closes above 22500 level, selling pressure may come from upper levels
From here, upside hurdle is placed at 22,200
& Imp support is placed at 21,800
*For Educational Purpose
The index after breaking the support of 22200 in 1st half,
witnessed more correction in last hours to slip below imp 22k zone
The Index has also come in oversold zone, a pullback in the market is possible
But until Nifty closes above 22500 level, selling pressure may come from upper levels
From here, upside hurdle is placed at 22,200
& Imp support is placed at 21,800
*For Educational Purpose
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