NSE:NIFTY may open gap own below 17600 . Descending CPR with Bearish sign - CPR will become as Strong resistance .. Price may open below Bear breakout , hence Bear breakout , S1 and Bull reversal zone will act as Strong resistance. Any Bearish signal near Strong resistance will move price to T1 and T2 ( Always use price action )
Nifty Trade setup for 30-AUG-2022 As of now SGX trading above previous day high , Indian market will open near R1 . Gap up with bearish signal . GO long only if strong close above Bear Breakout - target Cam T1 GO short only if yesterday close breaks down side - Target CPR Always use price action along with this levels ..
Nifty Trade Setup for 23 AUG 2022 As per SGX nifty market will open gape down below yesterday low and CPR Previous day low and close act as strong resistance If price takes resistance from Previous day low and close we can go short keeping the zone as SL If price breaks resistance , Market may go sideways inside CPR.
Trade setup for Nifty for 19 Aug 2022 Nifty is bullishly aligned as per CPR and SGX NIFTY trading on sideways , Indian Nifty will open flat between yesterday Supply and demand zone . If demand is taken out or if any support at CPR we can look for long . If CPR is taken out downside we can look for short .
Nifty Supply and Demand zone + Intraday Levels for 27th Jul