Nifty View and Support & Resistance Levels for Monday..
Expectation : Nifty looks BULLISH for short term
Monday nifty likely to open Flat/Gap down, incase of any pull back to 17770/17720 - We can look for BUY entry for Target 18011 Supply zone. Any breakout above 18011, Range move then 18150 will be tested slowly.
Incase of weakness and closes below 17697, SELL pressure will come in Nifty so We can take SELL entry for lower targets.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Expectation : Nifty looks BULLISH for short term
Monday nifty likely to open Flat/Gap down, incase of any pull back to 17770/17720 - We can look for BUY entry for Target 18011 Supply zone. Any breakout above 18011, Range move then 18150 will be tested slowly.
Incase of weakness and closes below 17697, SELL pressure will come in Nifty so We can take SELL entry for lower targets.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
