Infosys, TCS under focus; Midcap and Small cap seeing aggressive bearish momentum
Nifty should amass some support at 10950 level as 200 Days WMA is placed while strong pullback is observed from those levels having support trend line drawn from lows of 6826. It's a point of inflexion for bulls. So a Buy set up can be seen around 10920 - 10930 for an upside of 11050.
Nifty should amass some support at 10950 level as 200 Days WMA is placed while strong pullback is observed from those levels having support trend line drawn from lows of 6826. image source: Reuters