Nifty - Intraday Levels for 12 July 2022
Nifty Intraday Levels for Tomorrow..
Trend : Bearish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting Nifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone, wait for a pull back to test Trend line then we can go long for Targets CPR, PDH / SELL Reversal levels. Incase any breakout above CPR is also we can see some Buying Opportunity. If Nifty trades below CPR, there is a possibility to test PDL and lower Targets. As this week is going to be Sideways market.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Trend : Bearish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting Nifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone, wait for a pull back to test Trend line then we can go long for Targets CPR, PDH / SELL Reversal levels. Incase any breakout above CPR is also we can see some Buying Opportunity. If Nifty trades below CPR, there is a possibility to test PDL and lower Targets. As this week is going to be Sideways market.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Don't forget to Follow me..
Join my telegram
Telegram Channel Link - t.me/viventraders
Join my telegram
Telegram Channel Link - t.me/viventraders
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.