Nifty 50 IndexShort
Nifty Analysis | Nifty Prediction for tomorrow 20 aprl
Market Closed @ 16869
Market is in bearish mode.
So we not take any heavy qty position as if now for buying untill 17300 breached.
16978 will act as a strong resistance as if now & so on mentioned on the chart for up move.
16978 Gap Refill done today as discussed prevously.
Now what next ?
If market move to the downside then 16678 (Pending Gap again) will refill soon.
Below levels are:
Support 1: 16793
Support 2: 16730
Support 3: 16678 (Pending Gap)
Above levels
Resistance 1: 16924
Resistance 2: 16978 (Gap redilled today)
Resiatance 3: 17071
Market is in bearish mode.
So we not take any heavy qty position as if now for buying untill 17300 breached.
16978 will act as a strong resistance as if now & so on mentioned on the chart for up move.
16978 Gap Refill done today as discussed prevously.
Now what next ?
If market move to the downside then 16678 (Pending Gap again) will refill soon.
Below levels are:
Support 1: 16793
Support 2: 16730
Support 3: 16678 (Pending Gap)
Above levels
Resistance 1: 16924
Resistance 2: 16978 (Gap redilled today)
Resiatance 3: 17071
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.