On Friday over all crash in market and week to week basis Nifty
loss more than 372 points. However, on
Friday Hammering in market strong pull back also seen and we may consider time
being short term bottom have been established which is a Firday low 10866 and 10750 whereas 200 DMA are
established. We expected that market
likely pull back with volatile nature.
Higher level major supply zone 11300-11350 watch out.
Last
week
|
High
|
Low
|
Close
|
52 High
|
52-Low
|
Trend
|
11465
|
10866
|
11143
|
11760
|
9775
|
5
DMA
|
10
DMA
|
50
DMA
|
100
DMA
|
200
DMA
|
11309
|
11377
|
11342
|
11025
|
10750
|
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