NIFTY Intraday Levels | 22nd Sep
• Support & Resistance zones for 22nd Sep .
• the trend for the near term may remain sideways to positive as long as the index closes above 17,700. However, a decisive fall below 17,700 may trigger a correction in the market.
• On the lower end, below 17,700, Nifty may fall towards 17,500-17,350, whereas on the higher end, resistance is visible at 17,850-17,900.
• if the level holds in the coming session, then bulls may try hard to take the Nifty50 beyond last Friday's high (17,820), whereas on the other side, 17,500 and 17,400 will remain crucial supports.
• The options data indicated that the Nifty50 could see an immediate trading range of 17,500 to 18,000 levels.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
• • •
• the trend for the near term may remain sideways to positive as long as the index closes above 17,700. However, a decisive fall below 17,700 may trigger a correction in the market.
• On the lower end, below 17,700, Nifty may fall towards 17,500-17,350, whereas on the higher end, resistance is visible at 17,850-17,900.
• if the level holds in the coming session, then bulls may try hard to take the Nifty50 beyond last Friday's high (17,820), whereas on the other side, 17,500 and 17,400 will remain crucial supports.
• The options data indicated that the Nifty50 could see an immediate trading range of 17,500 to 18,000 levels.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
• • •
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