hanu2005

Nifty 50 - Range Bound 21800 to 21330 Level

hanu2005 Updated   
NSE:NIFTY   Nifty 50 Index
Hello Traders, the Nifty 50 chart shows that we can see a range bounded between 21800 (Strong Resistance) the 21330 (Strong Support) levels.
Comment:
Once the purple color diagonal line breaks than it will take support at 21330.
Comment:
Tomorrow, I would expect the Nifty 50 index to fall to the 21444 level and then bounce back from that position. Another possibility is that it may open at a higher level and rise to 21571 before falling to 21444 level.
Comment:
I am keeping an eye on the level: 21300
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