Nifty broken down crucial 11100 support level. Now today hovering around 11000 Psychological level. Will Bulls able to hold this psychological support?? Or Bears able to break down this support too??.
As per Elliottwave Principle pattern, this 11000 psychological support is going to be broken down soon. Next key level to watch in downside is 10xxx.(level available to paid subscribers only).
Most of the sectors witnessing selling pressure and India VIX too inching up.
Regards,
Suryadev Bandari
Research Analyst
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