Nifty key levels for 03.02.2025Nifty key levels for 03.02.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:I'm not a SEBI Registered financial advisor. These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Niftyresistances
NIFTY Bearish Harmonic pattern __RSI overbought Hello Everyone,
NIfty Spot 24260 huge upside move on election results and support area of 23200-23400 now there is one hurdle at 24400-24600 also a bearish harmonic pattern with RSI overbought ,
with trendline+ EMA 200 resistance+ Supply zone.
Nifty either needs to paued the trend and cool off/adjust RSI and tak any of fibbo retracement so small corrective move exepected or sideways is good for long.
Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS
Daily Nifty Levels | End of day Nifty Support & resistance India 2022
Buy Call if sustain above 17210 stoploss - 17185 ( if Closing in 15 candle ) target as per chart
Buy put If nifty below 17185 stoploss - 17210 ( if Closing in 15 candle ) target as per chart
Dont trade before 9:30 ,
make Position Sizing
This information is for educational purposes only