AB7000

Nifty at ATH

AB7000 Updated   
NSE:NIFTY   Nifty 50 Index
20600 is an important resistance level as per the open today --
As the price action makes higher high above 600 level to sustain the level -- we can see a move towards 20700

As price action makes lower lows; breaking the 600 level and if it is not able to sustain above 600 we can see a move towards 20500 ; day low and towards 400 ; 300 to fill the gap.
Comment:
20950 is an important level -- markets breaking 20950 and sustaining above it -- will give us a move towards 21500 levels.

Also if 20950 is not broken markets can see a retracement towards 20500 levels.
Comment:
Markets taking a pause around 940 / 950 -- if able to break 960 and sustain above 960 -- we can see a move to 21500 in coming days.

If breaks 850 / 800 -- then we can see a move towards 20500 in coming days.

950 is important level for both the side - Long / short.
Comment:
21500 Touch today -- as expected analysis on dec 6
Comment:
Market taking a pause at 21500 / 480 level

Fresh longs only above 21500 only.

Between 21500 and 21350 -- markets will remain sideways volatile.
Comment:
We can go long above 21500 --- markets holding at higher levels so far.

If remains below 21500 -- we can expect side ways volatile market.
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