padiyara

Nifty :9127 Above 9140 it can move to 9190 & 9215 Supp: 9060

NSE:NIFTY   Nifty 50 Index
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4
Nifty :9127
Above 9140 it can move to 9190 & 9215
Below 9114 it may come down to 9060

Comments

@padiyara - Hello padiyaraa, when you come up with resistance/support levels, do you also calculate the likeliness of which event is higher. for eg: would it be more liekly for Nifty to move towards support or resistance? Predicting is not possible but based on the mathematical probability is what I am trying to ask.
+1 Reply
padiyara SaurabhMehra
@SaurabhMehra,
it was mentioning most of the time the direction, which ever trend is dominant, that direction it will be leading.
but when it move side way, it cant be decided.
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padiyara padiyara
@SaurabhMehra,
Did you notice today , that both the support and res: touched for BN 21140 & 21080
and nifty also 9140. it is not moving either side.
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Welcome All
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