Nifty Support and Resistance levels for monday.
Immeadiate Resistance is 24880 to 24900 area .
Immeadiate Support is 24800.
Expecting a gapdown with gift nifty close on Friday night, do not jump into any trade if it big gap down let it play for 1 hr then look price action at given levels support and resistance for rejection or BO.
Note:- Support,Resistance and Targets can act as reversal points .
Immeadiate Resistance is 24880 to 24900 area .
Immeadiate Support is 24800.
Expecting a gapdown with gift nifty close on Friday night, do not jump into any trade if it big gap down let it play for 1 hr then look price action at given levels support and resistance for rejection or BO.
Note:- Support,Resistance and Targets can act as reversal points .
Note
Support area heldNote
Note
10th sep opened at resistance (target1) wait for rejection to short or break out to long here Note
Rejected on reversal pointNote
Note
Resistance turned support area held and rallied upside two targets acheived
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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.