Nifty 50 Index
Long

NIFTY AUG 31 EXPIRY COULD BE ABOVE 19800

66
THIS IS FOR LEARNING PURPOSE ONLY. I AM A BEGINNER TRADER
NIFTY AUG 31 expiry expectation
  • If the support trendline on 11AUG is respected and gives a bounce back.
  • If the downward trendline is broken (above 19600) in the coming week.
  • If the 19640 resistance is overcome
Then 19800 is expected to achieve with ease. 20000 is a near possibility.

OR

If today's trendline is not respected, next support at 19300 level. Above expectations are nullified.

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