Nifty Channel Support and Resistance levels
- Nifty channel support comes around 19625-19571
- Nifty channel resistance comes around 19965 (mid channel resistance 19883)
- After a gap down opening, Bears attacked and kept the prices lower.
- FIIs and Pro traders were Net Sellers in Index Futures and Retail traders were Net Buyers
- Nifty Futures closed at 19769 (Nifty Futures September series Average 19837)
- Till the time Nifty is below 19840 odd levels Bulls may feel trapped and Bears may have the upper hand.
Take care & safe trading...!!!
- Nifty channel resistance comes around 19965 (mid channel resistance 19883)
- After a gap down opening, Bears attacked and kept the prices lower.
- FIIs and Pro traders were Net Sellers in Index Futures and Retail traders were Net Buyers
- Nifty Futures closed at 19769 (Nifty Futures September series Average 19837)
- Till the time Nifty is below 19840 odd levels Bulls may feel trapped and Bears may have the upper hand.
Take care & safe trading...!!!
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