Mighty Nifty - Range bound!

NSE:NIFTY   Nifty 50 Index
180 6
Current price action of nifty shows it is in the resistance zone 9235 - 9250. Close above the resistance will help nifty to move upside towards 9300. If the price cant able to cross the resistance, price will move towards the supports 9170, 9160 and 9130. Breaking all these supports will make the price to be under the grip of bears. For few days RSI is unable to cross 60 and getting bounced downside when it touches RSI 60. These factors shows nifty is weak and will turn towards the supports.
Apr 11
Comment: Nifty started to fall touching my resistance line.
Apr 12
Comment: Range bound as I expected.
Join me in telegram to learn & earn. I also post my trades there.
Follow mw here to learn about system trading.
Levels suggested holds good.
vanathi dhirajfanish
@dhirajfanish, Thank you.
Wow Vanathi, 9246 to 9161!!!
vanathi murasolivm
@murasolivm, Thank you :)
good advice
vanathi MrAkshatP
@MrAkshatP, Thank you.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out