Nifty’s downside support at 8,983 and 9,065

The Nifty future has closed at the lower level of the daily charts showing weakness for the next day.

Nifty’s downside support at 8,983 and 9,065
By Ashu Bagri, AVP-Technical Research, SBICap Securities

Where are we?
The Nifty future may find support around 8,983 and 9,065 on the downside.

What is in store?
The Nifty future may find resistance around 9,191 and 9,279 on the upside.

What to do?
The Nifty future has closed at the lower level of the daily charts showing weakness for the next day. The volumes were more as compared to the previous day showing strength in the up-move.
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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