Nifty 50 Next Week Prediction 01 August resistance Level - 17400 if Break out then 17800 18000 Possible
Nifty has been seen trading in a range of 16800 - 17600, it once broke the demand zone of 16800 and came till 16400 but only for a day and needed a huge gap down of 130 points to do so, so I'll consider 16800 to be a good support and I believe nifty will be coming to the same zone again if it doesn't close above 17600 from where it can go to 18000 levels. So...
there is good zones on 17350 , 17300 and 17250 is very strong zone if market come down to these level its a good opportunity to go long and add position near these levels. this is a study based on option chain demand supply and put call ration please dont trade & analyse the trade.if you like please comment on monday if analysis is helpful to you its give...