Nifty Nearing crucial level - 5760 make or break level for this upmove
Nifty is nearing 61.8% retracement level 5760. This level will decide make or break for markets in coming days.
Tomorrow being RBI credit policy day, expect this level for trend continuation or reversal. If this level is held we will head up again. Break below this will be game sign of trend change.
Personally I see this level 5760 holding lets see how it goes :)
Stop Loss for Longs should be 5760 on closing basis and 5745 on intraday basis.
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Nifty Daily Chart |
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