My Nifty view as on 10th Sept, 2020
Unlike Bank Nifty currently Nifty is in uptrend. Its 200 MA is on rising pattern, which also confirms that at long run,
Nifty is in uptrend. To change the trend, Nifty has to go below, 11355. Currently it is AT its immediate resistance level.
If it manages to break upwward then it may face resistance at the following levels:
1) 11516
2) 11580
3) 11677
On the lower side, if it manages to slip further it has immediate support at 11411. If it breaksdown the said level, then
it may face support at following levels:
1) 11355
2) 11300
3) 11195
NOTE: The above statement is purely for education purpose only.
Nifty is in uptrend. To change the trend, Nifty has to go below, 11355. Currently it is AT its immediate resistance level.
If it manages to break upwward then it may face resistance at the following levels:
1) 11516
2) 11580
3) 11677
On the lower side, if it manages to slip further it has immediate support at 11411. If it breaksdown the said level, then
it may face support at following levels:
1) 11355
2) 11300
3) 11195
NOTE: The above statement is purely for education purpose only.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.