Nifty as on 28th Sept, 2020
Nifty has turned from bearish to bullish trend. 11300 looks an strong resistance as it 61.8% of retracement level. If Nifty is able to close above said level on hourly chart, then its bullish will get confirmed.
Here are the upcoming resistance levels
1) 11260
2) 11300
3) 11438
if it starts going down again, then here is the support level:
1) 11180
2) 11110
3) 11060
Disclaimer: This above view is purely for educational purpose. Please consult your financial advisior for any investment planning
Here are the upcoming resistance levels
1) 11260
2) 11300
3) 11438
if it starts going down again, then here is the support level:
1) 11180
2) 11110
3) 11060
Disclaimer: This above view is purely for educational purpose. Please consult your financial advisior for any investment planning
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.