As per previous analysis 9220-9290 short term reversal cum no go area with cautious.
Exactly nifty corrects from 9220 to 9019 in line with our immediate support of 9030
and then bounce upto 9273,again almost inline with our resistance zone upper level
9290 by 20 points short.
Now Balance point shift from 8500-8620 to 8950-9030 as a new support cum
balance Point Zone and PRZ(potential reversal zone).
Level to watch....
Immediate support-9030
PRZ-8950-8960
Immediate Resistance-9200
Resistance 2-9290
Note-The above is my personal view for educational purpose only.
Exactly nifty corrects from 9220 to 9019 in line with our immediate support of 9030
and then bounce upto 9273,again almost inline with our resistance zone upper level
9290 by 20 points short.
Now Balance point shift from 8500-8620 to 8950-9030 as a new support cum
balance Point Zone and PRZ(potential reversal zone).
Level to watch....
Immediate support-9030
PRZ-8950-8960
Immediate Resistance-9200
Resistance 2-9290
Note-The above is my personal view for educational purpose only.
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