vanathi

Mighty Nifty - Analysis for Dec 9

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Yesterday price consolidated and today we will have a gap up opening. Buy above 18660 with the stop loss of 18630 for the targets 18700, 18740 and 18780. 18780 - 18800 will act as a resistance. Price will be bearish if it faces resistance and unable to break it. As of now, no sell level. In live market, selling zone will be created by resistance.
Comment:
Nifty is again entering the consolidation zone. 18600 - 18620 is support.
Comment:
At support.
Comment:
Nifty is in bearish zone only.
Comment:
After the latest update.
Comment:
High : 18864 Low : 18410

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