Last week in Nifty our stop-loss got triggered in short trade which we took near 9275.
Nifty is going to complete an important time cycle on Monday.
Nifty may face stiff resistance in the zone of 9310-9334-42. A close above 9384 may take Nifty towards 9474, 9571,
One may take shorts in Nifty in the zone of 9334-9342 with very strict SL @ 9360 on trading basis.
A close below 9150 may bring more weakness.
Major support levels are 9243, 9169, 9075, 9010 8951.
Major resistance levels are 9310-9334-42 , 9474, 9571.
Nifty is going to complete an important time cycle on Monday.
Nifty may face stiff resistance in the zone of 9310-9334-42. A close above 9384 may take Nifty towards 9474, 9571,
One may take shorts in Nifty in the zone of 9334-9342 with very strict SL @ 9360 on trading basis.
A close below 9150 may bring more weakness.
Major support levels are 9243, 9169, 9075, 9010 8951.
Major resistance levels are 9310-9334-42 , 9474, 9571.
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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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