manuagarwal21

Nifty technical update- 20-04-2018

NSE:NIFTY   Nifty 50 Index
Nifty             seen a major fall from its all time at@11171.5 and tested 9951.90 level, however From 9951.90 level, Nifty             seen a straight steep recovery.

Currently its struggling near previous top and congestion zone . These levels are coincided with Fibonacci .50 retracement ( 10565). Nifty             may face supply pressure near these levels.

In Previous session nifty             formed small inside candle which can be referred as doji candle, since open and close levels are almost same.- In this session it neither made a new high nor new low.. it traded well within the previous candle.

However in today's session nifty             opened flat@10560.35 (Previous close :10565.30) and close flat.. Trading was sluggish throughout session.

Resistance above 10630 for 10700-10730
Support Below 10500 for 10397



Nice , very Nice .
Thanks.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out