Nifty may find support around 16,200 levels; ITC, Hero MotoCorp top buy: Sumeet Bagadia

“Technically, the index has formed a Bearish candlestick pattern on a weekly chart which indicates selling pressure.Furthermore, the index has given closing below 61.80 per cent Retracement level of its previous up move from 15,671 to 18,115 level which suggests more selling in upcoming sessions.”      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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