NSE:NIFTY Levels for 2 Aug 2023.
Nifty seems to be going on a time wise correction mode before breaking out on either side.
Sideways to Bearish movement for tomorrow with-in the range 19560 to 19860.
Support 1 : 19700 ; Support 2 : 19560.
Resistance 1 : 19860 ; Resistance 2 : 20000.
Trading Strategy;
Take low risk contra trades at support & resistance...
Range Bound Between 35200 to 35650.
Bullish to Sideways for Today in this range.
Strong Support from 35200 to 35000.
if break 35000 than only can see trend reversal till than Dow is in Up-trend.
Support 1 : 20201 : Support 2 : 20000.
Resistance 1 : 20452 , Resistance 2 : 20670.
Range Bound to Side ways Movement between 20200 to 20450 Level. Breakout from either side will give 200 points move.
