Short-Term view for NIFTY spot.
Minor trend-line R 9491 - 9509
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
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This is "Common Gap" price is not going to break support line.
Previous minor resistance at 9405. Nifty is going to open nearby this resistance (100+ nearby).
Support line price area support at 9241.
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
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- 339p GAP
This is "Common Gap" price is not going to break support line.
Previous minor resistance at 9405. Nifty is going to open nearby this resistance (100+ nearby).
Support line price area support at 9241.
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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.