Sgxniftylive
SGX prediction based on support resistence levelsSGX:IN1! SGXNIFTY has started trading below previous support and has been bouncing back from current support and failed to break previous support which is acting as resistance now, if sgx manages to break current support too, then 17900 zone will be next support/buy zone for sgx.
if current resistance ( previous support) is breached and sgx manages to move up again , then we will have to wait and analys next move after price actioon is made.
sgx downside prediction for coming weekSGX:IN1! #SGX NIFTY has important week coming for the future of new all time high and a pull back scenario, ig sgx namages to break the current sell zone then only we can keep hopes for new all time high levels or at least a rally till previous high levels.
if we do get aa pll back then first fresh support should be anice and safe target for thee correction and below that the next support zone is going to be major facto for next moves ahead in coming next 2 months.
SGX PREDICTION BASED ON DAILY TRENDLINESGX:IN1! SGXNIFTY is back to the crucial trendline of daily timeframe which gave us massive falls multiple times in past,
sgx is at weekly/daily/hourly resistance zone and showing rejection from resistance zone currently, if sgx breaks current support of 17499/17480 and sustains below 17740, then we can retest the 17300 levels again.
the yellow zone can hold the sgx for a while and may help it to bounce back a little, if we break the yellow support zone , we will see the next target zone getting achieved soon after breaking of support zone.
FOR UPSIDE/TRENDLINE BREAK SITUATION
we must wait for sgx to break resistance and turn the resistance into strong support, then only we can be sure about more upside ahead. current resistance is 17558/17571.
SGX BREAKS DAILT TRENDLINE, NEXT POSSIBE TARGETSSGX:IN1! SGXNIFTY breaks the trendline of daily timeframe with little to nothing struggle,
can retest the trendline on new support zones formed before moving towards next targets on upside .
be carefull for possible fake breakput scenario which can push marjet dow again , which is unlikey to happen but still manage your risks while following sgx upside move. SGX:IN1!
SGX READY FOR 15750 RANGE , MEGA CORRECTION AHEAD ON DAILY TF !!SGX:IN1! sgxnifty is all set for huge correction as it has formed strong resistance at the levels of 17256/17181 and is very much likely to break the current dailt time support of 16812/16647, once it breaks that support then we can see serieas of new lower lows and new lower highs on daily time frame till we reach 15750 range.
keep monitoring sgx movement as it moves towards/between on target 1,2 & 3 levels .
SGXNifty One Hour Chart Analysis to Find Nifty Trend 2022 SGXNifty Up and Down ConfirmTargets
Support Levels
SGXNifty First Support - 18655
SGXNifty Second Support - 18495
SGXNifty Third Support - 18350
Resistance Levels
SGXNifty First Resistance - 18812
SGXNifty Second Resistance - 18882
SGXNifty Third Resistance - 19033