SGXNIFTY: 17705
NIFTY: 17670
Daily Time Frame:1. Marubozu Candle with good volumes
2. RSI=62
3. ADX=15
MT and ST Outlook: Short Covering PCR:1.18 and VIX=18
Support Zone 1: 17530-17550
For upside wait for a retest on the support zone1
Upside Target: 17750-17780
Support Zone 2: 17420-17435
For downside wait for the break of support zone 2
Downside Target: 17305-17320
NIFTY: 17670
Daily Time Frame:1. Marubozu Candle with good volumes
2. RSI=62
3. ADX=15
MT and ST Outlook: Short Covering PCR:1.18 and VIX=18
Support Zone 1: 17530-17550
For upside wait for a retest on the support zone1
Upside Target: 17750-17780
Support Zone 2: 17420-17435
For downside wait for the break of support zone 2
Downside Target: 17305-17320
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.
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.