Tuesday 6 December 2016

Trend Poised to Trend Dilemma Range Play

As Trend Poised to trend Dilemma continued in case of Nifty.

As per previous post 8220/8300 was resistance,nifty achieved 8220 as high made 8250 but unable to cross 8300.

Now play the range for Nifty as below....

short term support-8030/8050
short term Resistance-8220/8300

Death Zone-7830/7870

Medium Term support-7700/7500(See this level only when 7916/7870 breached)
Medium term Resistance-8420/8530

Long term support-8000
Long term Resistance-8500

Note-This above is my personal view for Educational Purpose only.Read Disclaimer.

 


No comments:

Post a Comment