Momentum Dying one more High ? Nifty Hourly 10-03-15


So today was another day down with some consolidation. The momentum has slowed down which makes me think whether this is an impulse or yet another corrective which we have been seeing in Nifty for quite some time. If so then tomorrow we should resume our uptrend and Nifty took support from the crucial level of 8680. If we go below this level then probably more downside is remaining towards 8600, else we should see a new uptrend.


Sell Below 8695

Buy Above 8735(pivot)

Resistance 8745,8793,8832

Support 8680,8640, 8600


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