Nifty 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...
> 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...
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...
