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a_malasi

#NIFTY view for Next Week

Long
Nifty 50 Index (NSE:NIFTY)  
a_malasi Updated   
NSE:NIFTY   Nifty 50 Index
Support and Resistance Supply and Demand Trend Lines
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supportandresistance supplyanddemand trendline
#NIFTY view for Next Week - For now to look for opportunities to go LONG at mentioned levels on chart.
Comment:
#NIFTY since this post NIFTY made a new high. We are currently sandwiched between close resistance/support areas. Hence important to observe the price movement in coming days.
14751-14740, 14667-14643 are immediate resistance zones. Needs to sustain above these levels for further upmove.
14618-14595 is immediate support zone. Sustaining below this level will lead to profit booking. On downside refer the levels shared in chart.
Comment:
#NIFTY closed below 13740-13770 zone which will act as resistance. Below this will move towards 13580-13560, 13465-13445, 13150-13115, 12770-12730 levels. Price needs to be observed around these zones.
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