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NIFTY TECHNICAL VIEW: Testing 9000 support

 

Nifty is now near a psychological support of 9000. It is a strong support and if Nifty falls below this, then it has next support at 8900. Below this level, the current uptrend trend will reverse and Nifty may fall up to the next support level of 8600.

On the upside, Nifty faces next resistance at 9100. Nifty has to cross above 9200 for the uptrend to continue, it may then rise up to near 9500.

 

 

Disclaimer:

Research/Testing 9000 Support /22 /March/2017.

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