Nifty50 resistance level is 16020 and 16050.breakout happen those level.after small correction current trend is continue.if reject those level market chances to fall 200+ points.important support level is 15750 zone.
This is my view.
Market is reacted to what type of pattern form.tuesday is nifty 50 make a chance to new high when breakout.in futures given high volume breakout is a trap for retailers.because resistance zone small profit booking chance in this week or weekly expiry.
Tuesday Market is bullish and chance to make a green candle 500+ points.gapup(0.29%) opening is possible and wait for gap filling or support zone to buy. Support zone is 35200 zone and 35100 zone.chances to breakdown lower time frame.double conform higher time frame.Tuesday target expected to 35800+ (1.7%).
This is my prediction and maybe market will change base...
Nifty strong support zone 15790 and resistance ia 15900.if breakout trend continues bull is this week and break down 15750 level sideway market will expected.this is my view.
Bearish is continue .Breakout chances is low due to market condition.high volatility expected and hunting stop loss.book small profit and watch market..📉
