Nifty - Technical Outlook and Intraday Trading Levels, 10 Feb
If Nifty sustains below 4810, then it could test 4750 and below that level, it could test 4650.
Instead, if Nifty trades above 4810, then it could test 4840.
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For the Past three trading sessions since 5 th February, Nifty is trading in expanding pattern. Since the down legs are forming low bottoms, it is forming a bearish expanding pattern. Nifty is likely to decline towards 4600 in another 2 or 3 three trading sessions if it doesnt move above 4850 in coming trading sessions. © Blogger templates The Professional Template by Ourblogtemplates.com 2008
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