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Nifty - View & Intraday Levels for - 07 Feb 2023

Short
NSE:NIFTY   Nifty 50 Index
Nifty View and Support & Resistance Levels for Monday..

Expectation : Nifty BULLISH only if sustains above 17800, any rejection around this level BEARISH fall would come.

My view is BEARISH until strong move above 17800.

Incase of weakness and closes below 17715, SELL pressure will come in Nifty so We can take SELL entry for lower targets.

Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!

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