Monday 23 October 2017

Nifty Expected Bounce from PRZ EOD Analysis?

Again Nifty 50 taken support from medium term support of 9700 and trade above Balance Point Level 9920-9960.

The above Balance Point level 9920-9960 should act as strong support for Bulls below that Bears takes control.

Now Immediate support zone 10090-10070 act as potential reversal zone of current trend and should be arrested to resume the trend.

Level to Watch!!!

PRZ support-10090-10070

Balance Point support-9960

Immediate Resistance-10160-10190

Next Resistance-10325-10450

Note-This above levels are my personal view for educational Purpose only.Read Disclaimer.

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