Nifty -3 levels are very Important.. Did I say 3 levels ..No one more level as per my previous update- "Nifty- Trading with Amar..Akbar..Anthony". These 3 levels will decide the fate of Nifty- 8690-8700(as per previous update-going above that level-look for 8740-8750 as target zone)---8600(going below that level- one can take short till next support at 8540)--8540(the fulcrum point) & finally 8515( Going Below that level will show us the direction)
Trade active
12:45 Hrs-IST-22nd Aug2016-- Nifty Going Close 8600. Let us wait & see what happens next.
Trade active
09:00 Hrs-IST- 23rd Aug2016-- Nifty Going Below 8600- We should look for the target zone 8540-8550 as the support zone or above 8650 if it holds then shall look for 8700-8720 but upside looks little risky. Any Move Above 8750 only will open further upside else going below 8540 & 8515- shall indicate weakness in the Index.
Trade active
11:00 Hrs- IST-30th Aug2016-- Simple Support Has been working so beaautifully- so keep it simple.
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.