Short-Term view for NIFTY spot.
Minor trend-line R 9491 - 9509
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
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This is "Common Gap" price is not going to break support line.
Previous minor resistance at 9405. Nifty is going to open nearby this resistance (100+ nearby).
Support line price area support at 9241.
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
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- 339p GAP
This is "Common Gap" price is not going to break support line.
Previous minor resistance at 9405. Nifty is going to open nearby this resistance (100+ nearby).
Support line price area support at 9241.
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