Wealthcam

Weak Opening coming up for NIFTY looking at global index

NSE:NIFTY   Nifty 50 Index
As we can see today despite the weakness NIFTY mangled to sustain above 19500 level and this psychological level acted as a GOOD SUPPORT. Now following the global cues we can expect a very weak opening for NIFTY and hence looking for next eminent SUPPORT, we can see a pending GAP around 19200 which can potentially act as a SUPPORT and any signs of REVERSAL around that level could be a good buy so plan your trades accordingly.

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