Nifty EOD Resistance & PRZ

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.

Nifty Life Time High EOD analysis

As per previous two analysis nifty resit from 9220-9290 and have taken support from

near Balance Point zone 9030.

Nifty taken support from 9019 and 9075 after resit from 9218 and 9273 respectively

in line with our said Resistance level 9220-9290.

Now nifty closed above 9290.So Nifty may try to reach next Resistance  zone of

95xx,97xx in medium term.

Level to watch.....

Immediate support-9260

Immediate Resistance1-9340-9370

Resistance2-9460


Note-This above is my personal view for educational purpose only.Read Disclaimer.

Nifty EOD Balance point & PRZ

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.

Nifty EOD update

As per Previous report of reversal zone of 9200-9260 with caution,

Nifty corrects from the said level almost 200 points made low of 9019 inline

our immediate support of 9030.

Now nifty consecutive closing above 9170 facing cluster resistance of 9170-9190.

Last report said that cautious approach on long side and same still exists upto 9220-9290.

Nifty already achieved conservative target of 9218 originating from 6825.

Level to Watch with Cautious!!!

 Immediate support-9140

extended support-8950-8890

Cluster Resiatance-9170-9190

Resistance 2-9230-9290

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

Nifty Uncharted territory EOD support and Resistance

As per previous report support of Balance point 8830 respected and resistance of 9024

and all time high(9119) achieved with Gap up.

Now going ahead,Nifty will face next Resistance cum Reversal zone 9200-9260.

Level to Watch with bit cautious!!!

Immediate Support-9030

Resistance 1-9180-9210

Resistance 2-9260-9290

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

Nifty EOD Analysis

As per previous and 31st January report Nifty Reached the Termination level of 8950 made a High of 8982.

So cautious stance upto breakout of 8982 or resilience at support to enter the for next trade.

Now Level to watch as follows...

immediate support cum 1st Balance Point-8830

Next support at 8700-8740.

Resistance-9024

Resistance2-All time High

Note-This above is my personal views for educational Purpose only.Read Disclaimer on top right.

From PRZ Nifty Achieved 1000pts & Nifty EOD Analysis

As per the previous report,Nifty Achieved our 2nd resistance 8870 made a high of 8885.

When Nifty at 7985,Published in 24th Dec report that Potential Reversal Zone(PRZ) was near 7870.



From that  Nifty almost achieved 1000points!!!

What's Now?

Now short term support at 8700.

Long term support at in between Balance Point 8500 and 8700.

Resistance at 8950 and so on....will update latter.

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