Global markets look weak right now (8:35 Hrs India Time).
Nifty has scaled all time high already and if global trend gains momentum and Indian markets starts following it up today, the downside could be brutal.
On the upside, the resistance is seen at 17225 level and if it is surpassed, short covering would push the Nifty even higher.
On the lower side, 16680 is the level where Support can be seen and in-between there is nothing. Hence downside is expected to be brutal.
For Bank Nifty, resistance is seen at 37037 level while Support is at 36365.. (all the levels described above are as per Futures chart). Once these levels are breached, we can witness further push or slide.
For real-time analysis or signals, stay tuned with a reliable tool.
Nifty has scaled all time high already and if global trend gains momentum and Indian markets starts following it up today, the downside could be brutal.
On the upside, the resistance is seen at 17225 level and if it is surpassed, short covering would push the Nifty even higher.
On the lower side, 16680 is the level where Support can be seen and in-between there is nothing. Hence downside is expected to be brutal.
For Bank Nifty, resistance is seen at 37037 level while Support is at 36365.. (all the levels described above are as per Futures chart). Once these levels are breached, we can witness further push or slide.
For real-time analysis or signals, stay tuned with a reliable tool.
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join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
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.
To avail FREE TRIAL for all our invite-only indicators, please contact us:
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
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.