Jai Shri Ram
NSE “Nifty 50 Index” Weekly Trading View: last week again we had seen good selling pressure because of technical break out and made new low of 22976.85 and broke our major support level of ₹23170 and we get weekly closing of ₹23092.20,
Now Question is what’s Next ?
as per technically trend is week because weekly close is below major support level ₹23170 and am expecting another fall up to next level of ₹22800 & ₹22500. “Nifty 50” facing good trend-line resistance level of ₹23440 and if market goes higher above our level then we can sell price of ₹23780 & ₹24100. Now everyone hoping good news from our “Finance Minister” on Budget day and from “RBI” on next months monetary policy. as per technically I will suggest sell on rise till fundamental is week but with proper stop loss