indiamarketoutlook

Nifty Will support turn in to resistance...???

NSE:NIFTY   Nifty 50 Index
3
Nifty is at important level.

The gap has acted as support for some time now...

Will the role of gap reverse now and act as resistance for some time going forward...


Take care & safe trading...!!!
Trade active:
Well well well...
Previous support did act as resistance now. Nifty reverses exactly from the gap zone...
From 9616 to 9576

Consider booking partial profits
Trade closed: target reached:
Nifty makes a low of 9560 which is near channel low
Trade is closed

Enjoy & Happy trading...!!!

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