As discussed in our last post, Nifty reacted on the dates mentioned.
To remain bullish Nifty needs to give a close above 7850. And a close below 7670 may drag Nifty towards 7550-7500 zone.
Major resistance levels are 7835-50, 7924, 7990, 8070
Major support levels are 7777, 7737, 7717, 7700, 7676, 7604, 7550-20, 7410
Next pressure dates are 21/22, 25th & 31st May.
* All levels are of Spot.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
To remain bullish Nifty needs to give a close above 7850. And a close below 7670 may drag Nifty towards 7550-7500 zone.
Major resistance levels are 7835-50, 7924, 7990, 8070
Major support levels are 7777, 7737, 7717, 7700, 7676, 7604, 7550-20, 7410
Next pressure dates are 21/22, 25th & 31st May.
* All levels are of Spot.
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| Nifty Spot |
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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