NIFTY50 POST MARKET REPORT ON 19-09-22
Hi,
The Nifty50 opened +9.80 paints and closed +91.40, from 10.30 am to till end of session trade between 17667 to 17579. i.e. movement of 88 points only. Today traded in range bound. If draw the Fib retracement levels for the day chart the output of support and resistance levels are as follows.
Resistance - R3-17810, R2-17709 & R1-17629
Pivot – 17573, BC- 17548 & TC 17597
Support – S1-17517, S2-17447 & S3-17335
If Nifty50 sustained above 17700 the bull remains and move upwards further 17800 and 17950 stop loss 17620
If Nifty50 sustained bellow 17545 it will turn to bear side and ready to retrace the level of 17520, 17450 & 17335.
So, we have to be in very careful to watches the above levels and do the successful trade.
Disclaimer : Not SEBI registered advisers . It is my own analysis by my past experience. You may consult with your finance adviser for your action.
The Nifty50 opened +9.80 paints and closed +91.40, from 10.30 am to till end of session trade between 17667 to 17579. i.e. movement of 88 points only. Today traded in range bound. If draw the Fib retracement levels for the day chart the output of support and resistance levels are as follows.
Resistance - R3-17810, R2-17709 & R1-17629
Pivot – 17573, BC- 17548 & TC 17597
Support – S1-17517, S2-17447 & S3-17335
If Nifty50 sustained above 17700 the bull remains and move upwards further 17800 and 17950 stop loss 17620
If Nifty50 sustained bellow 17545 it will turn to bear side and ready to retrace the level of 17520, 17450 & 17335.
So, we have to be in very careful to watches the above levels and do the successful trade.
Disclaimer : Not SEBI registered advisers . It is my own analysis by my past experience. You may consult with your finance adviser for your action.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.