NIFTY SGX , Analysis - Sep 6
Updated
Nifty still trading with in Aug 30,2022 (17409-17851) 500 point range on higher time frame.
Overall sideways movement until 17409 is broken for downside and 17851 for upside momentum
Big support on 4Hour time frame (17489-17520 levels)
Big resistance level on 4Hour time frame (17658-17720)
Any day we open above or below these level will have good momentum until then range bound days
Overall sideways movement until 17409 is broken for downside and 17851 for upside momentum
Big support on 4Hour time frame (17489-17520 levels)
Big resistance level on 4Hour time frame (17658-17720)
Any day we open above or below these level will have good momentum until then range bound days
Note
We going to see explosive move tomorrowNote
17900 , more to come this weekNote
We hit. 4Hr timeframe 17489 demand zone , that was loading zone , 500+ pt from there as mentioned from above IdeaNote
We need to close above 17970+ above for more continuation next few days . Long Nifty Short SPX is theme
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