Nifty 50 Index

Nifty -50 trend and Levels expecting on 08-02-22 trading day

Hi,
We have to be in very cautious according to sustains of support or resistance levels as mentioned below.The option and F&O traders may take or exit their position according to the market act either sustained or breakout of these levels.
Be patiently and watched these levels and take or exit position , it will give good result.
In chart manually drawn line are Pivot levels.
Safe trade – All the best.
Nifty 50- Supports levels
pivot– 17482.47 , 17448.63 & 17380.97
Fib Retrs-17160.85 , 16836.80 &15901.05
Nifty 50- Resistances levels
pivot– 17460.43 , 17707.27 & 17877.78
Fib Retrs-17415.20 , 17593.90 & 17772.55

Disclaimer