rakeshreddym

Nifty Levels for Tuesday 6th Feb

rakeshreddym Updated   
NSE:NIFTY   Nifty 50 Index
Nifty today most of the time stayed range bound only after 2 PM gave good move to downside.

For tuesday levels to trade

Supprot 21730 Below sustains Short Targets of 21700,21660,21630,21600.
Resistance 21850 Above sustains Long Targets of 21900,21925,21960,22000.

Metioned targets can act as reversals also please check price action on those levels.
Comment:
Two Targets acheived above resistance 21850 and almost touched the third target of 21960.
Comment:
For Wednesday levels to look for trade 21950-22000 above with postive price go long targets of 22050,22100,22125.
21900 Below sustains with negative price aciton short Targets of 21850,21820,21800,21770

Metioned targets above and below can act as reversals also please check price action on those levels.

Trade active:
Today entry on support
Trade closed: target reached:
Target one yellow bar on chart acheived
Comment:
50 points gain

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