As we have been discussing the range for nifty whole week. Nifty is moving in the sideways zone in range 19650 - 19750. today it's also expected to do the same. Reasons : Having resistance of 200 EMA above side. Major resistance Zone at above side. PCR = 0.82 (Mild Bullish) Accumalation phase is going on. RSI is in 40-60 mostly indicate sideways...
NIFTY Intraday Trading Levels for Scalping Trading for 23SEP2021
Global markets look weak right now (8:35 Hrs India Time). Nifty has scaled all time high already and if global trend gains momentum and Indian markets starts following it up today, the downside could be brutal. On the upside, the resistance is seen at 17225 level and if it is surpassed, short covering would push the Nifty even higher. On the lower side, 16680...