Probable Weekly range for nifty
Probable weely range
1.Probable weekly support and resistance
Short Term View
View : Short term range 1227-1327. Trend line support around 1227.
View : Trend line support around 29470-29580. Any dips to these levels and sustaining these levels may lead to target around 30780.
On the down side 28403 acts as strong support.
July Series View
Probable short term range (1327 - 1227). Any dip around 1227 is good buy for investment with SL 1178.
Near Term View
Weekly View and Probable range (1-3 July)
Probable range for May 30 expiry (11761 - 11963)
DISCLAIMER : EDUCATION PURPOSE ONLY
VIEW : 12050-12150 may still act as stiff resistance and support around 11269
1.Resistance @11882. Sustaining above 11905 T1 : 11940, Sustaining above 11965, T2 : 12044
2.Any upside to 11882 and then sustaining below 11830 T1 : 11787, Sustaining below 11755 T2 : 11656
3.Sustaining below 11830...
Short Term View :
@Trendline support. Closing above 1268 T1:1282 T2:1318
Sustaining/Closing below 1235, T1:1217 T2:1204 T3:1190
Short Term View : Bullish on Sustaining/closing above 270.3 for short term target of 274.5 278 288
Probable Weekly Range(13-17 May19)
As long as 28740 is not breached, T1:29058 T2:29175 T3:29242 and possibly T4:29461.
Bearish below 28740 T1:28686 T2:28604 T3:28501
Weekly View (13-17 May19)
VIEW: Support @10993 and Resistance @11553
1. Below 11220 T:11170. Below 11148 T:11114. Below 11087 T:10993
2. Any dip around 11170 and then sustaining above 11195 T1:11228. If sustained above 11243 T1:11345 T2:11420
3. From current level above 11322 T:11345. Sustaining above 11370 T1:11420 T2:11553