NIfty today opened high then got immeadiate sell off from top and consolidated whole day in tight range tommorow could be a big trending expecting in my view.Nifty struck in triangle which everside breakout happens and sustains can give good moves.
Resistance : 22250 above long tagets of 22300,22360,22400,22420.
Support: 22160 below short targets of 22100,22050,21950,21900.
Mentioned Support&Resistance and Targets can act as reversal points also please check price action on those levels.
Resistance : 22250 above long tagets of 22300,22360,22400,22420.
Support: 22160 below short targets of 22100,22050,21950,21900.
Mentioned Support&Resistance and Targets can act as reversal points also please check price action on those levels.
Comment:
Comment:
gap up open waif for a dip to 22250 area then look for long option today reliance can perform good today as wind fall tax been cut
Comment:
watch for positive price action here
Comment:
Nothing changed same pattern everyday opening gap up then sell off and consolidating, i thought of this expirty will be good since few days it it in a range .
Trade active:
Entry short on retest of 22200 area
Comment:
Trade closed: target reached:
Comment:
if this contiumes expecting it to test 22070 also today look for sell on rise do not short on lows
Comment:
22070 acheived even it gave wild move towards upside only to find a resistance at 22300 area and that is higher low from day high rejected fell to expected area mentioned at 22070 below.
