maneeshaggarwal

Nifty : Levels to watch

Short
NSE:NIFTY   Nifty 50 Index
For 22-02-24

for Upside if Nifty Crosses above 22080 it may touch
22095---22120--22161---22226---22266---22332

for Downside if Nifty Crosses below 22030 it may touch
22015---21990---21949---21884---21844---21778
A clear trend is very likely to begin.
Analysis
a) A Final breakdown/Close below 21750-21700 will lead a clear downtrend up to 20000-19800. For filling the Gaps of previous Rally between Nov.23-Dec.-23.

b) Hold all short positions with Stoploss of 22166.

c) Hold all long positions with Stoploss of 21800.

These are levels are generated on the basis on Fibonacci Series

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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