Long

NIFTY AUG 31 EXPIRY COULD BE ABOVE 19800

THIS IS FOR LEARNING PURPOSE ONLY. I AM A BEGINNER TRADER
NIFTY AUG 31 expiry expectation

If the support trendline on 11AUG is respected and gives a bounce back.
If the downward trendline is broken (above 19600) in the coming week.
If the 19640 resistance is overcome

Then 19800 is expected to achieve with ease. 20000 is a near possibility.

OR

If today's trendline is not respected, next support at 19300 level. Above expectations are nullified.

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.