Prediction for Nifty 27-02-2023
Nifty has been closed at the support level of 17465. nearby support levels are 17440,17421,17411 and 17405. Nearby resistance levels are 17497, 17530,17562, and 17580.
In my view of point, if suppose Nifty opens with a gap-up of more than 50 points, nifty may fall to the last-day closing point and if it will not be sustained at 17465, then it will fall to 17440 and take support from this zone and move to a bullish side.
Suppose the market opens with a flat note, it will fall to 17440 and consolidate on the same level and move to uptrend.
If the market opens on a negative note market may be volatile or in sideways.
These the point of view of mine.
In my view of point, if suppose Nifty opens with a gap-up of more than 50 points, nifty may fall to the last-day closing point and if it will not be sustained at 17465, then it will fall to 17440 and take support from this zone and move to a bullish side.
Suppose the market opens with a flat note, it will fall to 17440 and consolidate on the same level and move to uptrend.
If the market opens on a negative note market may be volatile or in sideways.
These the point of view of mine.
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