From the past two trading sessions, the Nifty has been opening weak( gap down), but closing in positive.
The price action somehow suggests that there are buyers sitting in the range of 15800-15600.
Intraday support levels for tomorrow are 15720- 15750, if these levels are held, we might see it moving towards 15900 - 16000 levels fast.
Major resistance @ 16350- 16520
Support @ 15680-15630
The price action somehow suggests that there are buyers sitting in the range of 15800-15600.
Intraday support levels for tomorrow are 15720- 15750, if these levels are held, we might see it moving towards 15900 - 16000 levels fast.
Major resistance @ 16350- 16520
Support @ 15680-15630
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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.