Nifty is short term bearish trend. Will take support and after that there are very high changes of breaking upside. I am still holding my long term positions... Will decide later based on movement. For now its in bearish trend for short term (2-3 days)
Idea is showing strong view on monthly chart. There are very high chances for Idea to touch 28-30rs in mid to long term. I am holding 25K shares
I feel banknifty will break this double like support and then touch 26200 levels before taking its next rally upside.
#Nifty - Updated Chart - Nifty has major support in the range of 10560-10600 range...support at this range will bounce back and if this support is broken..more fall is expected...lets see what happens in coming days.