bijoy2526

NIFTY struggling at the resistance line

Long
NSE:NIFTY   Nifty 50 Index
with dragging banking index nifty could not get enough boost.
but closes above the trend line .
with further downfall of banking index it will be tough for nifty to cross the resistance line.
how ever fall of banking index may stall.
it seems it has been a good strategy to trade around that resistance line.
if gap down target resistance line was working well.
and if opens around that resistance line selling for lower target also was working well.
further movement of nifty may take place with in one to two days either way up or down.
supports are shown and target 1 has been shown. will update target 2 soon.
do n't forget to like my post
follow me to get such updates

Comments

study reliance & decide nifty direction . Reliance single handedely moving nifty. once meeting on 30july over market will crash.
Reply
bijoy2526 ckirtane
@ckirtane, index heavy weights infy,TCS are contributing.where is the crash?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out