Price action is having resistance at 10440 - 10460 levels. Sustaining this levels will make the price to move towards 10520, 10560 and 10610. On the other hand, if price can not sustain the resistance it will move towards 10380, 10320 and 10260. This analysis is a follow up analysis for weekly review as all targets are hit today itself.
Price action have to break the downward trend line to become bullish. Resistance is seen at the level 10275 - 10290. Sustaining it will push the price towards 10340, 10380 and 10420. On breaking the support at 10180 price will move towards 10120, 10060 and 10000.
Price action has formed an ascending triangle. Buy above 10260 with the stop loss of 10240. Targets are 10290, 10320 and 10340. Resistance is seen at 10330 - 10340 levels. Nifty have to sustain 10340 to move up further.
Price action is at the main support zone 400 - 410. Trend will be decided in few days.
Price action is consolidating and getting ready to break. Buy above 258 with the stop loss of 254. Targets are 262, 265 and 269.
Buy above 859 with the stop loss of 852. Targets are 866, 872 and 880.
Buy aboce 255 with the stop loss of 252 for the targets 258, 261 and 264.
Price may retrace a little before continue to fall. If price sustain 10180, it will move towards 10200 and 10240. Resistance is seen at 10230 - 10240 levels. On the other hand, if price action didnt have strength for retracement, it will move towards 10120, 10080 and 10040.
Sell below 322 with the stop loss of 327 for the targets 317, 311 and 305.
Price action has support at 10400 - 10420 level. On breaking it, price will move towards 10360, 10320 and 10260. Immediate resistance is seen at the level 10490 - 10510. Holding this level will make the price to move towards 10560, 10610 and 10720.
Price action have to sustain 25140 - 25160 level, to become bullish for the targets of 25240, 25420 and 25640 with the stop loss of 25100. On breaking the support at 24770 - 24800, price will move towards 24660, 24520 and 24360.
Sell below 25100 with the stop loss of 25160 for the targets 24900 and 24800. If the support at 24800 - 24770 is broken, price action will move towards 24640.
Price action is at the support zone 10470 - 10460. Sell below 10460 for the targets 10420, 10400 and 10360
Close above 2245 will make the price to move towards 2290, 2350 and 2420 with the stop loss of 2200.
Buy above 735 with the stop loss of 729 for the targets 741, 746 and 750.
Price action will remain bullish as long as it holds 25100 for the targets 25500, 25720, 25840 and 26000. On the other hand breaking 25100 will make the price to move towards the next support levels 24800, 24600 and 24500.
Price action is nearing the resistance at 788 - 795 level. On sustaining 795, price will moves towards 810, 822 and 830.
Price action has taken support at 10400 and moving up. Targets are 10600, 10660 and 10720. If price cant sustain the resistance at 10600 - 10620 level, it will move towards 10400.