These are robust and precise support and resistance levels for the Nifty index in the upcoming days of June. They provide you valuable insights on potential selling and buying opportunities.
I have dedicated significant time to create clear and organized graphics and levels, allowing you to relax and focus on generating setup ideas instead of scrutinizing the levels. I have included three types of analysis for your reference.
1) Trend Line (Starting from March28th)
2) Supply and Demand Zone (Support/Resistance) (Two major levels1 Resistance Level if breaks then lead to 19k or Console around18800)
3) 50% Correction of trend according to Fibonacci Retracement law (18333 might work as strong buy zone in coming days on 3rd of may a good demand was shown at this point and this same zone as became now 50% of rally started on may 3rd and ended at 18662 on 30th May, 18040-18662 50% = 18333 around)
Hope this detail data might help you understand graphic and technical analysis more better way, thanks and make money guys...
I have dedicated significant time to create clear and organized graphics and levels, allowing you to relax and focus on generating setup ideas instead of scrutinizing the levels. I have included three types of analysis for your reference.
1) Trend Line (Starting from March28th)
2) Supply and Demand Zone (Support/Resistance) (Two major levels1 Resistance Level if breaks then lead to 19k or Console around18800)
3) 50% Correction of trend according to Fibonacci Retracement law (18333 might work as strong buy zone in coming days on 3rd of may a good demand was shown at this point and this same zone as became now 50% of rally started on may 3rd and ended at 18662 on 30th May, 18040-18662 50% = 18333 around)
Hope this detail data might help you understand graphic and technical analysis more better way, thanks and make money guys...