Nifty 50 IndexLong
Nifty--Expiry Levels.
Yesterday, the Nifty demonstrated bullish pressure above the significant resistance level of 17800.
As a result, it is expected that there will be a swift retest of this level, followed by a price increase.
Support range is 17800-17840 levels.
However, due to the monthly expiry, the price is currently consolidating within the range of 17960-17800 levels.
It is important to keep an eye on the untested supply zone at 17680, which is anticipated to act as powerful demand in the future.
As a result, it is expected that there will be a swift retest of this level, followed by a price increase.
Support range is 17800-17840 levels.
However, due to the monthly expiry, the price is currently consolidating within the range of 17960-17800 levels.
It is important to keep an eye on the untested supply zone at 17680, which is anticipated to act as powerful demand in the future.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
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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.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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.