
Nifty View
We are seeing the first sign of weekness as we see the evening star
formation on daily candles having big volumes. We might see some selling. Suggest to
hedge the position or play with small quantities.
First Support can be seen at 10243. 10222 would a stop
loss for a bull trend.
Otherwise we can enter into a bear trend and it can take us to 9700 levels.
PSU like Canara Bank, SBI all showing the negative trend...