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Nifty 50 Index
Long
Aug 11, 2023
NIFTY AUG 31 EXPIRY COULD BE ABOVE 19800
2
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THIS IS FOR LEARNING PURPOSE ONLY. I AM A BEGINNER TRADER
NIFTY AUG 31 expiry expectation
If the support trendline on 11AUG is respected and gives a bounce back.
If the downward trendline is broken (above 19600) in the coming week.
If the 19640 resistance is overcome
Then 19800 is expected to achieve with ease. 20000 is a near possibility.
OR
If today's trendline is not respected, next support at 19300 level. Above expectations are nullified.
roythayyil
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