Nifty Support and Resistance Levels for Monday 5th Jan
Updated
Nifty Key levels:-
Resistance :- 24060 If sustains above long for the targets of 24150,24200,24250.
Support:- 23930 If sustains below short for the targets of 23840,23800,23750,23650.
As of now Nifty bullish look to buy on supports or breakout of resistance as long as nifty stays above 23800 it is bullish.
Educational purpose only do your own research before taking entries.
Resistance :- 24060 If sustains above long for the targets of 24150,24200,24250.
Support:- 23930 If sustains below short for the targets of 23840,23800,23750,23650.
As of now Nifty bullish look to buy on supports or breakout of resistance as long as nifty stays above 23800 it is bullish.
Educational purpose only do your own research before taking entries.
Note
Trading between support and resistance
Note
Two targets achieved after breaking down support 23850 and 23800
Note
Third target done 23750
Trade closed: target reached
All Targets achieved 23650 also done .
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