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Niftycall

Nifty spot chart analysis for 08.09.2022Nifty is standing just below a super strong resistance of 17635. If nifty crosses over 17635 then it may also cross 17684 and may reach to the level of 17731. Between 17731 to 17780 is an extremely strong resistance zone. If nifty crosses over 17780 then it may reach 17829 and then 17880. if nifty moves down from where it left off then it may cross 17586 and may take support on 17535, 17535 is a strong support nifty may take a good up move from here. If nifty crosses down below 17535 then it may easily cross 17489 and may reach to the level of 17442. If nifty crosses down 17442 then it may take bounce back from bounce back zone. IT IT HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17880 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway
Nifty more likely to face selling at our resistance> Monday Morning SGX Nifty was showing some positive start. > Our market gapped up because of this reason. > We have seen that FII's where net buyers on Friday. Using todays gap they must have booked their profits. > FII EOD data is negative today. > Also nifty has strong OI support @ 14900. breaking 14900 can make a lot of put option sellers to unwind their positions. > European and the US are down, Asia has only few index in green. > Critical price area above, Watch support and resistance on the chart.
NSE:NIFTY
by VigneshkumarR
Nifty support resistance for tomorrow New open interest resistance have moved to 15500 above the all time high. Nifty has reached overbought area. World market are around the all time high and now they are seeing profit booking. Same thing can happen here also. Last two days we have gained more than the world market so selling can happen to save the profits. Do look for selling at high. Support can be broke because its in the over bought area. Do subscribe to my youtube channel to receive stock market and trading levels related content Link to my channel is my profile "the bullnbear zone"
NSE:NIFTY
by VigneshkumarR