Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BULLISH
Nifty was trading in Range today when Banknifty was Strong. We can expect Flat/Small Gap down open, We can look for long entry above 18590. The Targets are 18625 / 18658 / 18670
Any breakout above 18670 we can expect - Target 1 & 2 levels in Nifty.
Incase any weakness and closes below, 18560 BEARISH trend will continue.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Expectation : BULLISH
Nifty was trading in Range today when Banknifty was Strong. We can expect Flat/Small Gap down open, We can look for long entry above 18590. The Targets are 18625 / 18658 / 18670
Any breakout above 18670 we can expect - Target 1 & 2 levels in Nifty.
Incase any weakness and closes below, 18560 BEARISH trend will continue.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
