Nifty Support&Resistance Levels this week Jan 27th to Jan 30th

NIfty Breaks down a 2 week range ,if one could measure the length of the ranging area comes to 400 points .Nifty may test and take support around 22600 to 22700 area before budget to get some relief rally.

Key Levels

Resistance 23000

Support 22700 to 22600 Area.

Educational purpose only do your own research before taking entries.

Note

Still under resistance 23000 level.

Note

23000 resistance BO happened now its weak support, 22800 area will be good support if it violates 23k again(23200 to 23250 is minor resistance to watch for above)

Note

Trade active

Short entry on key level and resistance

Trade closed: target reached

Target Achieved.

rakeshreddym

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