SGX NIFTY
SGX NIFTY
Resistance comes from 61.8% 15122 and from 15151.
If sustains above 15151 then expect a rise to next supply zone-15247-15433.
Finally if breakout above 15433 does happen then rally towards 15903(1.618)
Support gap 14870-14806 and the swing bottom low of 14639 will be key support form here on.
The pink line can be critical.
Black line can forecasted line which will be valid as long as pink line is not violated.
Resistance comes from 61.8% 15122 and from 15151.
If sustains above 15151 then expect a rise to next supply zone-15247-15433.
Finally if breakout above 15433 does happen then rally towards 15903(1.618)
Support gap 14870-14806 and the swing bottom low of 14639 will be key support form here on.
The pink line can be critical.
Black line can forecasted line which will be valid as long as pink line is not violated.
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.