Nifty - View & Intraday Levels for - 26 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment = BEARISH but some sort of Short covering rally can be expected.
Nifty broke the higher timeframe trend line support, which is a clear sign of Down trend and it can go upto 17200 level.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Niftyweeklyanalysis
Nifty - Weekly Analysis for 21st Nov - 25th Nov 2022Nifty Weekly analysis for Nov 4th Week..
Expecting trending week - Good opportunity for Option Buyers to go long and take positional/Swing trades.
Until Nifty sustains above 18300, this week we can expect 18600 will be tested.
We have strong Buyers zone at 18300 & 18350 level. BULLISH view as of now..!!
Incase 18200 is compromised 18000 will be the next support level.
Happy Trading!!