NIFTY broke the psychological resistance and managed to hold the level. Now before market closing, Nifty has witnessed heavy selling pressure from DII. FII: +1300 Cr Vs DII: -1756 Cr. We have to observe the level along with volume data.
NIFTY FORECAST
Nifty upper range is 15,150. If the upper range is broken we can see a potential uptrend till 15,600 and the lower range is 15,050. If the lower range is broken then support is at 14,200. Upside movement we may observe till 15,400.
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Disclaimer: Our forecasts are based on predictions from our algorithms. However and they involve risks, variables and uncertainties. No guarantee is presented or implied as to the accuracy of forecasts, projections or predictive statements contained herein. Invest at your own risk
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