nifty analysis for 16/03/2020


Nifty may continue upside momentum but may face resistance at the given levels in the chart above.
Nifty is  in a critical stage can also go bearish as corona virus  has shut down businesses for some days.
so NIFTY IS 50-50 BOTH BEARISH AND BULLISH.To confirm check the asian markets that start at 7:00 am(IST) in the morning to confirm the sentiment of the market..Mostly nifty will fill its gaps created due to its fall but the gap filling may be tough as many resistance are accumulated between the gaps.

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