Nifty Support&Resistance Levels for 12th April Friday.

Apr 11

Nifty is in rising channel pattern now at top of the channel if 22800 rejects or a gap down opens and sustains below 22650 Nifty can see 22550-22500 levels.Market is overbought a dip and resumes uptrend in my view.

Support are 22650-22675,22550-22500,22420,22380.
Resistance are 22800,22870,22900,22950,23000.

Note:-Mentioned Support&Resistance levels can act as reversal points.

Apr 11

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15 Mins chart for reference.

Apr 12

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trendline support holding so far if sustains here might see 22800 to 22850 end of day

Apr 12

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Apr 12

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keep eye on breakdown of trendlne also if that lower levels mentioned in idea can acheive

Apr 12

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trendline breakdown retest done and fell

Apr 12

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Apr 12

Trade closed: target reached

Apr 15

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For monday 22300 area is important support area if that voilates today or tommorow nifty might see 22000 to 21900 area again watch out for break down on support.

Apr 15

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Apr 15

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22300 area took support

Apr 15

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Apr 15

Trade active

Apr 15

Trade closed: target reached

Adjusted stop loss a bit here

Apr 15

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