Nifty 50 IndexLong
Nifty tomorrow 29 july friday analysis
If NIFTY price tomorrow starts trading above todays close and makes bullish candle in first fifteen minutes we will buy call ,target would be 17130. If price breaks channel or gaps down around 16750 support area we still buy call and initial target would be todays high. 16750 is strong resistance area , i dont expect market to break this area tomorrow , as of now all around the globe markets are positive.
Previously in our weekly analysis i had drawn big consolidation area around 16900.....17400 area so i expect slow price momentum tomorrow.
Previously in our weekly analysis i had drawn big consolidation area around 16900.....17400 area so i expect slow price momentum tomorrow.
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.