Short-Term view for NIFTY spot.

Nifty 50 IndexNSE

Description

⋅ May 5, 2020 2:33 AM

Minor trend-line R 9491 - 9509

The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.

There is no overparticular resistance 9500+.

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339p GAP

This is "Common Gap" price is not going to break support line.
Previous minor resistance at 9405. Nifty is going to open nearby this resistance (100+ nearby).

Support line price area support at 9241.

Comments

shafimsp

⋅ May 6, 2020 2:14 PM

Perfect!

HarshitGandhi96

⋅ May 6, 2020 5:36 AM

wonderful idea upon Nifty Jay Shree. Now make it more understandable so that we can make profit. exactly rebound from that level which you draw. Marvelous and keep it up.

Jay_shree

⋅ May 6, 2020 5:37 AM

@HarshitGandhi96, thank you.

phanibuddi

⋅ May 6, 2020 2:43 AM

Very good information for learners like us.Keep it up mam.

GSrinivasratna

⋅ May 6, 2020 1:20 AM

Perfect analysis madam

D_Bhalla

⋅ May 5, 2020 5:47 PM

Support at 9241 was violated on a closing basis today on 5th may. Now.what...? Please review your analyses and advise us madame.🙏

UnknownUnicorn5245909

⋅ May 5, 2020 8:51 AM

Lots of gap

Thetradingmyopic

⋅ May 5, 2020 7:59 AM

Comprehended!

UnknownUnicorn5245909

⋅ May 5, 2020 8:51 AM

@Sababapal, means ?

anuradhaa

⋅ May 5, 2020 5:38 AM

👌