Tejussharma

Bearish zone for Nifty

NSE:NIFTY   Nifty 50 Index
Bearish zone will start for nifty from this levels

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0.786 executed
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Near to the Zone and forming Doji candle
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Where
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What nifty go end of the week
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Tejussharma rnsinwar
@rnsinwar, If we look into the Option chain 11200, 11300, 11400 is a Resistance for End on month and 10900, 11000, 11100 is a strong support, Nifty right now in Bullish mode Reason Call Unwinding started at the level of 11100.
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If you change X, then you end up with a different D? what is the PRZ with X = 12159??
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Tejussharma bhalla1990
@bhalla1990, If i change X then PRZ D will be 0.786 - 11164, and 0.886 - 11629.67
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bhalla1990 Tejussharma
@Tejussharma, thanks, this is more like what i was thinking, ~11200
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How ?? Can u explain
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Tejussharma 0e9ee375aa4f469d9fd6efe086ed03
@0e9ee375aa4f469d9fd6efe086ed03, According to Harmonics and Fibo 0.786 and 0.886 is a PRZ Potential reversal zone.
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