sanchittak
Long

Nifty Election Impact starts?

NSE:NIFTY   Nifty 50 Index
Nifty again ready to take over all the losses and now targeting for the new high.
With our previous hits in Targets. Nifty is now target for a new high at 12239 levels.
With the release of Exit Polls (Survey), Sgx Nifty has crossed 11730 levels shows a wide gap up opening thus increases volatility in the market. Further on technical fronts lots of greed is going up with the support of 11100 levels nifty has closed above 11400 as recovery.. Now the prominent resistance levels to look at will be 11560, 11618, 11780, 11830, 11945,12035 12140 and 12239-12246.


Keep Cautious with its move...
Comment: Nifty Crossed all 3 Resistance levels n now will be trying for 11945 levels with trailing support at 11745-11780 levels
Comment: Nifty is still in the second support range. Buying can be done from here for the levels of 11766 and 11833 levels. And above targets. On downsides the levels will be at
11680, 11548, 11478, 11386, 11245, 11100, 11046, 10923, and furthermore levels. Today is the election outcome day so volatility will be high from both the sides. Traders need to be cautious with their each trade and stop losses
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