Nifty: Resistance 5115/5151-5165/5192/5207
Support 5085/5050/5025/5005/4994
On daily chart we are now witnessing an "Inverse Head & Shoulder" in the making which could be confirmed once indices close above 5150 levels.Intraday, Nifty may open gap up & immediate resistance @ 5151-5165 zone. Risky traders may use this zone to trade in shorts for momentum. If this zone is sustained (closing basis), Nifty may see further rally to 5200+ zone. On downside, important support pegged @ 5085... below it 5050-5015 zone may be seen.
More Updates To Paid Members.
Earn 300+ Pts / Mnth In Nifty Trades.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment