NIfty today opened high then got immeadiate sell off from top and consolidated whole day in tight range tommorow could be a big trending expecting in my view.Nifty struck in triangle which everside breakout happens and sustains can give good moves.
Resistance : 22250 above long tagets of 22300,22360,22400,22420.
Support: 22160 below short targets of 22100,22050,21950,21900.
Mentioned Support&Resistance and Targets can act as reversal points also please check price action on those levels.
Resistance : 22250 above long tagets of 22300,22360,22400,22420.
Support: 22160 below short targets of 22100,22050,21950,21900.
Mentioned Support&Resistance and Targets can act as reversal points also please check price action on those levels.
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gap up open waif for a dip to 22250 area then look for long option today reliance can perform good today as wind fall tax been cut
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watch for positive price action here
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Nothing changed same pattern everyday opening gap up then sell off and consolidating, i thought of this expirty will be good since few days it it in a range .
Handel aktiv:
Entry short on retest of 22200 area
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Trade stängt: målet nått:
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if this contiumes expecting it to test 22070 also today look for sell on rise do not short on lows
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22070 acheived even it gave wild move towards upside only to find a resistance at 22300 area and that is higher low from day high rejected fell to expected area mentioned at 22070 below.
