We turned bearish in Nifty for short term.
and looking 7450 its LoC.
Seems market open gap down as expected & For Intraday traders 7289 will be key supply zone.
Targets intact 7208.80…….. then penic fall upto 7088.80 (Solid Support closing basis for Indian markets)
For Bank Nifty 14750 is rock support. If breached and maintained few minutes sharp panic for Intraday
14445/14000 on cards.
Finger crossed.
www.technicaliq.com, markets view is purely based on general guidelines of Technical Analysis. As markets are very dynamic by nature, so forecasting of markets is subject of probabilities not certainties. Before you get started with trading in the financial markets, you should consider your trading and investment goals, objectives, trading experience and your personal risk tolerance.We do believe subscribers/viewers acting on these recommendations or views after assuming all the risk involved then reach to actual judgment for buy or sell. Our site will never ever create any intention for bad information. This is only for your information and guidance. For more information visit: