Nifty Likely To Find Support At 9570; 5 Stocks Which Can Give Up To 5% This Week - Dollar Advisory Financial Services

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Tuesday 30 May 2017

Nifty Likely To Find Support At 9570; 5 Stocks Which Can Give Up To 5% This Week

The market continued its upside momentum in Monday’s trading session to touch another milestone of an all-time high of 9,637.75. The benchmark Sensex also recorded fresh all-time high of 31,214.

Although, the market gained upside momentum but failed to hold on its gains on the upper edge and witnessed some selling pressure twice when the market reached on top leaving behind a spinning top candle formation on the Nifty daily charts.

The immediate support zone for the coming session is placed at 9,565-9,570 and if the index sustains below these level for long would activate bears in the market.

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