NIFTY - Intraday - Cup & Handle/Important Zones {Chart# 553}

NIFTY is forming Cup & handle pattern on 15 mins time frame.
It has following important zones for tomorrow
1. 15680-15700 (Daily TF resistance zone) - Once NIFTY sustains above this level, we have possibility to have move to next resistance zone.
2. 15850 (15 mins resistance zone) - This is big hurdle for NIFTY as there is huge gap above it.
3. 15400-15380 (15 mins support zone) - This is good support area for NIFTY to savegaurd against any downfall.
4. 15200-15180 (15 mins support zone) - This is last hurdle and lifeline for NIFTY to protect against the fall to 15000 & 14800 zone.

Create your trading plan based on the zone & opening & follow for more ideas

Thanks
Piyush Gupta
Learn & Earn