Thursday, July 27, 2017

#NIFTY View on the 27th July.

Today we saw a copy book “Up Thrust” Bar on high volume.  Being a expiry day today’s move can be viewed with a pinch of salt. However the weakness highlighted still exists albeit a little watered down. Tomorrow’s move is very critical as that will confirm or negate the weakness.  If the weakness is confirmed then we can see 9890 level tested. The dices are loaded towards a retracement. The overall Up Trend remains intact and a retracement would be only healthy for the Market.


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