Nifty - At Crucial Point
Nifty current area from 22640 to 22910 becomes a very crucial zone now
If tries to sustain n takes support then expect nifty to hover near support for few days before going back up again near 23600
But if the pressure continues and nifty successfully breaks and closes below 22640 in the daily TF
Then expect the same area (22640 - 22910) to act as a resistance and also Nifty can go to touch downside target of 21880
If tries to sustain n takes support then expect nifty to hover near support for few days before going back up again near 23600
But if the pressure continues and nifty successfully breaks and closes below 22640 in the daily TF
Then expect the same area (22640 - 22910) to act as a resistance and also Nifty can go to touch downside target of 21880
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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.