Nifty View:
Nifty made a Engulfing candle in Daily TF at higher price level, and Invented Hammer in Weekly timeframe.
Which indicates the Reversal in Trend.
The Next support in Nifty we have is 18480/18460 Level & Resistance around 18630/18650 is where SELL entry can be initiated and Target is 18500
Incase 18460 is compromised, 18300 might be tested.
BULLISH only above 18650 for new high.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty made a Engulfing candle in Daily TF at higher price level, and Invented Hammer in Weekly timeframe.
Which indicates the Reversal in Trend.
The Next support in Nifty we have is 18480/18460 Level & Resistance around 18630/18650 is where SELL entry can be initiated and Target is 18500
Incase 18460 is compromised, 18300 might be tested.
BULLISH only above 18650 for new high.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
