As Discussed in yesterday analysis report that Nifty should respect 8460 for
target of 8550/8625.
Today Nifty made high of 8525 with due respect to 8460.
Now Nifty may face PRZ(Potential Reversal Zone) of 8530/8550 and need
to cross the PRZ for the Target of 8625-8700.
As momentum is strong Nifty may overshoot the upper level of 8700 for that
Nifty should sustained above 8550.
Support-8460
Resistance-8530/8550(PRZ)/8625/8700
Note-Educational Purpose only.Read Disclaimer.
target of 8550/8625.
Today Nifty made high of 8525 with due respect to 8460.
Now Nifty may face PRZ(Potential Reversal Zone) of 8530/8550 and need
to cross the PRZ for the Target of 8625-8700.
As momentum is strong Nifty may overshoot the upper level of 8700 for that
Nifty should sustained above 8550.
Support-8460
Resistance-8530/8550(PRZ)/8625/8700
Note-Educational Purpose only.Read Disclaimer.
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