NIFTY TRADE
STUDY IS BASED ON SPOT RATE
PLEASE ADJUST FOR FUTURE LEVELS
CONDITION:-
INDEX SHOULD CLOSE ABOVE 20-DMA 11111
A CLOSE ABOVE 1140 IS NEED FOR CLOSING ABOVE SUPPLY ZONE
RESULT:-
IF THE ABOVE CONDITIONS ARE MET NIFTY WILL TEST LEVELS OF 11255-11332-11358
NIFTY WEEKLY VIEW WILL BE POSTED ON FRIDAY
STUDY IS BASED ON SPOT RATE
PLEASE ADJUST FOR FUTURE LEVELS
CONDITION:-
INDEX SHOULD CLOSE ABOVE 20-DMA 11111
A CLOSE ABOVE 1140 IS NEED FOR CLOSING ABOVE SUPPLY ZONE
RESULT:-
IF THE ABOVE CONDITIONS ARE MET NIFTY WILL TEST LEVELS OF 11255-11332-11358
NIFTY WEEKLY VIEW WILL BE POSTED ON FRIDAY
Note
since we tracked nifty levels very carefully our reversal points hold true....new levels to watch a close below 11030 will lead to further selling
test of 10890 possible on the upside break above 11140 is important for further upside rally
Note
Short have been added today @11005For a near term tgt of 10780-10830
Now a close below 10780 will confirm dead cat bounce and further selling in nifty index and retest of 10620-10540
Note
Nifty target reached a close below 10780 is pure negative for the market
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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.
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.