Nifty Future clearly mentioned support at 5055. Just check it made a low of 5056 and rushed to 5150 levels.
One can also refer my previous post 'Analysis of nifty for 13th Oct' clearly suggested the resistance of 5141-5157-5175. Check it, made a low of 5056 and a high of 5153.70.
Conclusion- took the support of 5055 and resisted near 5157. One can see the supremacy of charts and the influence of levels.
Bank Nifty Future advised buying on dips. Just check Bank Nifty future moved down to 9485 and maintained its upward journey, buying pressure materialized on dips.
इस ब्लॉग पे हमने बताया था की Nifty ५०५५ के करीब support लेगी. निफ्टी ने ५०५६ का लो बनाया और ५१५० तक भागी.
निचोड़ - निफ्टी में ५०५५ का सपोट और ५१५५ की रूकावट है.
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