In Last report analysis said immediate resistance of 9370,Nifty taken two consecutive resistance from 9370 made a high of 9367 in line with our said resistance level differ by 3 points.
Now nifty are facing some and almost same cluster resistance in short term,medium term and long term at level of 94xx to 95xx,so need be extra cautious on long side.
As per the long term view in the context of Musical harmonic, next resistance should be in area 97xx.But due to above cluster resistance coincide or overlap to each other may act as next bigger resistance cum Potential Reversal Zone(PRZ) before 97xx area.
Level to be Precise???
In case of octave or octave and fifth in musical scale resistance are as cited below as long as 9260 holds
Resistance 1-9460
Resistance 2-9510-9550
Support-9260
let you know that octave and fifth all are musical harmonic scale ratio and the name of our blog NIFTYINTUNE stands for Nifty in Musical scale.As all our analysis based on the same principle and Niftyintune completed one year in due course.
so Very much congratulation to all viewers and need your comments to explore more.
Note-This above is my personal view for educational purpose only.Read Disclaimer.
Now nifty are facing some and almost same cluster resistance in short term,medium term and long term at level of 94xx to 95xx,so need be extra cautious on long side.
As per the long term view in the context of Musical harmonic, next resistance should be in area 97xx.But due to above cluster resistance coincide or overlap to each other may act as next bigger resistance cum Potential Reversal Zone(PRZ) before 97xx area.
Level to be Precise???
In case of octave or octave and fifth in musical scale resistance are as cited below as long as 9260 holds
Resistance 1-9460
Resistance 2-9510-9550
Support-9260
let you know that octave and fifth all are musical harmonic scale ratio and the name of our blog NIFTYINTUNE stands for Nifty in Musical scale.As all our analysis based on the same principle and Niftyintune completed one year in due course.
so Very much congratulation to all viewers and need your comments to explore more.
Note-This above is my personal view for educational purpose only.Read Disclaimer.
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