As we have posted on 30th April that a close above 9384 will take Nifty towards 9474-9571 zone and the same happens. See Here
From 9532-9570 this zone is strong resistance level.
However Bears need to maintain pressure on Bulls by giving a close below 9221. A close below 9221 will open the lower gates.
And Bulls need to give a close above 9570 for the targets of 9610, 9728, 9770.
Major resistance levels are 9506, 9535, 9570, 9610, 9728, 9827.
Major support levels are 9380, 9334-9310, 9273, 9221, 9186, 9075, 9010,8986- 8968.
** 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.
From 9532-9570 this zone is strong resistance level.
However Bears need to maintain pressure on Bulls by giving a close below 9221. A close below 9221 will open the lower gates.
And Bulls need to give a close above 9570 for the targets of 9610, 9728, 9770.
Major resistance levels are 9506, 9535, 9570, 9610, 9728, 9827.
Major support levels are 9380, 9334-9310, 9273, 9221, 9186, 9075, 9010,8986- 8968.
** 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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