Nifty INTRADAY LEVELS - 8th June 2022 Upper End : 16651 16603 16556 16509 Lower End : 16414 16367 16319 16272
Stock trying to hold 2090-2000 Levels. Break or Holding of these Levels can lead to sustained trending moves in that direction
Nifty touching Support area of 16400-16200. Bulls will try to push market above this Level. Bears will try to Break this Level Expect Choppiness and Random Volatile movements.
Nifty in Tight Range of 16900-16300 on Weekly Time Frame. Break of 16900 or, break of 16300 can result in trending move in that Direction. Till then expect Random Choppy and Huge Volatile moves in the Range
Stock forming Classic W Pattern Formation on Medium term Time frame. Confirmation of patterm above 1165 could propel the Prices higher by the Bulls. Failure of Pattern could lead to Choppy Random moves with downwrd Bias
Stock is hitting Medium Term Resistance Levels of 205-195. If Resistance Levels hold, Bears could dominate by pushing prices lower.
Stock at Key Levels of 142-132. Break / Holding of Level on weekly closing basis will decide the next directional move
Stock is holding onto Medium term Support Levels of 3600-3100 Value Buying Zone for Medium Term Investors
Nifty Continues to find Resistance in the 16900-16500 Zones. Expect Nifty to be choppy and Trade Randomly in this Zone.
Stock at Support Area of 990-900. Value Buying Zone for Medium Term Investors
Stock in Clear Uptrend and bouncing from Support Zone. Value Buying Zone for Medium Term Investors 850-800 Levels.
Nifty continues to Trade in the Resistance Zone. Expect Choppy and Sudden Volatile moves in both Directions
Stock is in Value Buying Zone for Medium Term Investors.
Stock heading into 460-450 Zones. Next Move will depend on Stock holding or breaking these levels. Refer Chart for details
Nifty In Resistance Zone - Expect Choppiness with Downward Bias here.
Stock hitting Medium Term Resistance Area of 3000-2750. Possible Reversal from here, if levels hold.
Stock holding Support Area. 3-4 successive Closes above 1182 levels can result in sustained moves higher as per the Chart shown. Plan accordingly.
Nifty entering Resistance Zone 16900-16500 . Be Cautious for possible Reversals from here towards Support Levels. Break on Upside from these Levels can result in move towards 17200.