Nifty 50 IndexShort
NIFTY Analysis
Key Resistance level is 17450-17500.
Go Short: If tomorrow price opens gap down look for selling to these levels again 17330,17275.
Enter here long for targets of 17450,17530,17600.
Note : Price wants to fill the gap upside.
Price mostly in consolidation between the levels 17400-17300 level then again to upside for targets of 17450,17520-17600-17650
we will observe some bearish pressure at 17400 level for downside targets of 17360-17330-17280.
Look for long at 17300 levels.
{if gives deeper retracement the level is 17270-17280.}
Go Short: If tomorrow price opens gap down look for selling to these levels again 17330,17275.
Enter here long for targets of 17450,17530,17600.
Note : Price wants to fill the gap upside.
Price mostly in consolidation between the levels 17400-17300 level then again to upside for targets of 17450,17520-17600-17650
we will observe some bearish pressure at 17400 level for downside targets of 17360-17330-17280.
Look for long at 17300 levels.
{if gives deeper retracement the level is 17270-17280.}
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**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.