pravinmangalam
Short

NIFTY VIEW@1/NOV/2019

NSE:NIFTY   Nifty 50 Index
Today I was expecting a bullish move and it was but in last hour we saw selling pressure from 11946 level and my resistance level was 11926.
Now on the daily chart it has formed long upper shadow with little body.

@What next?

By looking at the daily candle of today, I am bit bearish because there is a resistance on weekly chart and 11926 is the weekly resistance.
so for tomorrow I am looking to short below 11856 and long above above 11877 for the todays high as first target.

Level- Short below- 11856 SL- 11877, TG 11800
Long Above- 11877 SL- 11856, TG 11926

Disclaimer- This is for education purpose.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out