Nifty on Radar - Weekly Review | 18 May

18 thg 5

Weekly Marubozu bullish candle piercing the STMA band. 22800 could be tested, if broken then we have 23000+ levels and the potential target is 23800 on the projection scale. According to the volume profile the level of 22050 could act as a strong support and according to chart structure the support is 21800. For momentum reading the resistance is 22600.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.