Looks like nifty will fall another 600 points and might test 18920 level this quarter, lets see if this happens
Note
Today's low seems like a strong one, next it will try to test 19555 if that break 19654Note
Today's high looks like a strong resistance, lets see if that breaks else more on the downsideTrade closed: stop reached
More on the upside possibleNote
19817 seems like a next resistanceTrade active
looks like more fall might happen, lets seeNote
Gift Nifty has opened above support, looks like chances to test 19817Note
if 19817 break chances for 19872, lets seeNote
19784 is a good support if nifty opens above that tomorrow more chances to test 19932, lets seeNote
19780-19850 zone looks like a strong resistance zone, lets see if that breaksTrade closed: stop reached
looks like 19935 next and if that break 20300 this month, lets seeNote
fails to break the resistance might fall moreTrade active
Note
next support near 19450 if that break 19240Note
we can see a clear rejection weekly resistance Note
looks like a good start, lets seeNote
good fallNote
19240 - 19260 is a good support zone, lets see if that breaksNote
lets hope for 19075 nextNote
just 25 points to the next targetNote
almost achieved 19080, if this break we can see our targetNote
alright achieved 19075 and bounced back, lets seeNote
looks like more fall as gift nifty opens below yesterdays lowNote
50 more to the target!Trade closed: target reached
alright, target reached! 18920 lets see what happensNote
18920 break 18870 and 18290 are next support levels, lets seeNote
looks like 18300 next, lets seeNote
another 550 points possibleNote
next immediate resistance is 19040, if that taken out 19370 is the resistanceNote
19250 seems like an important resistance, lets see if that breaksNote
lets see if 19250 breaks today, seems like a strong ressitanceNote
looks like reversed before the resistance, so I think the resistance seems strongNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.