NIfty View from today to one week on 30 mints chartGood Morning Guy's. I hope you all will be doing good in your trading and in your life journey as well.
Well today i have done analysis on Nifty for one week prediction, HIghest probability indicates that, we will break support zone of 19535-19565, in coming sessions and will go for our 3rd (19510) and 2nd (19421) targets. Well that is just a prediction, because on chart we are seeing a falling trendline and market is respecting the levels. So if nifty gives breakout and sustain the levels, then of course trend will be change and we can see new all time (20000+) very soon, but still according to data, it looks bearish.
If i talk about today's Global views, it is looking mildly bearish. So for intraday, we will act according to today's data.
I have written almost everything on chart. But writing the levels here too for the reference.
IMPORTANT LEVELS FOR NIFTY:-
Buy above 19789, if levels got sustains at least for 30 mints.
Targets will be for upside 18856/19939++
Keep stop loss at 19681
Sale below 19676, if levels got sustains at least for 30 mints.
Target will be for downside 10628/19555--
Keep stop loss at 19789
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
