These analysis for made for the week, All the levels marked in green colour supports bullish movements and all the levels marked in red colour indicated probable bearish area.
Nifty is trading at important support level if it breaks then it might give more bearish move but i think it will try to hold this support level.
use these levels with your existing trading strategy and try to place trades near or at these levels so that stoploss can be minimised.
Nifty is trading at important support level if it breaks then it might give more bearish move but i think it will try to hold this support level.
use these levels with your existing trading strategy and try to place trades near or at these levels so that stoploss can be minimised.
Note
all levels worked very well, i will update the levels if all the upper levels get exhausted.Note
try to book some profit near 19700Note
Note
added few extra levels for up moves
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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.