1) Current Trading Structure of Nifty is Higher High and Higher Low but volatility range is too much 2) Price has retested the previous trend line resistance zone which is 0.768 FIB level(16830) 3) As per recent swing low and swing high concern next head towards 19270 4) View Negate below 17400 5) Major Resistance Level 18350 6) Major Support Level 17400 7) Range of Volatility has been started to increase now.
Note: Don't take any positions based on the above. Thank You!
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Edited :
1) Current Trading Structure of Nifty is Higher High and Higher Low but volatility range is too much 2) Price has retested the previous trend line resistance zone which is 0.768 FIB level(16830) 3) As per recent swing low and swing high concern next head towards 19270 4) View Negate below 16400 5) Major Resistance Level 18350 6) Major Support Level 16400 7) Range of Volatility has been started to increase now.
Note: Don't take any positions based on the above. Thank You!
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Nifty Moved 500+ Points till now expecting to hit 19200++