As discussed in previous report that Nifty may face PRZ of 8530/8550 and support at 8460.
Today Nifty made high of 8550 in line with our PRZ upper level 8550.
What Next???
Nifty should sustain above PRZ 8550 for next Resistance 8585/8625/8700 with
due respect the support level 8460.
As long as Nifty above 8460 probability are more to break PRZ 8550 on upside.
Intraday/Positional Support -8460
Resistance-8550(PRZ)/8585/8625/8700.
PRZ (Potential Reversal Zone) ,doesn't mean that Nifty Reversal from PRZ.
It may or may not be.It is just a cluster Resistance Zone.
Note-The above is my personal view for Educational Purpose Only.Read Disclaimer.
Today Nifty made high of 8550 in line with our PRZ upper level 8550.
What Next???
Nifty should sustain above PRZ 8550 for next Resistance 8585/8625/8700 with
due respect the support level 8460.
As long as Nifty above 8460 probability are more to break PRZ 8550 on upside.
Intraday/Positional Support -8460
Resistance-8550(PRZ)/8585/8625/8700.
PRZ (Potential Reversal Zone) ,doesn't mean that Nifty Reversal from PRZ.
It may or may not be.It is just a cluster Resistance Zone.
Note-The above is my personal view for Educational Purpose Only.Read Disclaimer.
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