Nifty analysis for tomorrow:-
Nifty has broken support trendline in 30 mints, and started trading below whole day on friday. i think Chances are looking high to go for downlevels. But still if NIfty sustain above 18750 levels then we can see buying in it. For down side If nifty breaks for support area which i marked on chart, then Nifty can go further down following by filling small gap also which is just below the support area. If that happen then for down side Nifty can slips 18550 and 18500 levels.
So buy above when 18750 sustains
Sale below, if Nifty breaks support levels 18640.
For target i have mentioned on chart.
for buying Stop loss will be 18660
For selling Stop loss will be 18725
Trade Carefully, always use stop loss.
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Thankyou,
Regards
Rahul Pal
Disclaimer:- Always do your own analysis or consult with your financial advisor before taking any kind of trades.