Nifty as on 28th Sept, 2020

28 thg 9, 2020

Nifty has turned from bearish to bullish trend. 11300 looks an strong resistance as it 61.8% of retracement level. If Nifty is able to close above said level on hourly chart, then its bullish will get confirmed.

Here are the upcoming resistance levels

1) 11260
2) 11300
3) 11438

if it starts going down again, then here is the support level:

1) 11180
2) 11110
3) 11060

Disclaimer: This above view is purely for educational purpose. Please consult your financial advisior for any investment planning