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Date 3rd Aug: at 9.50am@ As long Nifty holds 5170 there's nothing to worry and it can bounce again. Only if it spents some quality time below 5170 then only weakness seen.
Date 6th Aug at 10.11am@ Upside resistance for Nifty seen around 5302 & 5360 whereas downside strong support remains at 5220/5170
Date 8th Aug at 9.46am@ Nifty hits 5360, its a resistance area, to move further higher it need to spent quality time above 5360 else likely to correct a bit.
**Nifty has very much behaved as per the expected line**
Date 3rd Aug: at 9.50am@ As long Nifty holds 5170 there's nothing to worry and it can bounce again. Only if it spents some quality time below 5170 then only weakness seen.
Date 6th Aug at 10.11am@ Upside resistance for Nifty seen around 5302 & 5360 whereas downside strong support remains at 5220/5170
Date 8th Aug at 9.46am@ Nifty hits 5360, its a resistance area, to move further higher it need to spent quality time above 5360 else likely to correct a bit.
**Nifty has very much behaved as per the expected line**
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