Nifty - View & Intraday Levels for - 27 Jan 2023

NSE:NIFTY   Nifty 50 Index
Nifty View and Support & Resistance Levels for Tomorrow..

Expectation : BEARISH / Negative Sentiment. (SIDEWAYS)

Nifty likely to Open Flat, if any close above 17950 - then 18015 resistance will be tested there we can look for SELL entry. Any rejection around 17950 we can anticipate SELL entry keeping SL 17980 - Target 17850 / 17790

Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.

For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

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