Nifty is about to reach an important time zone from 18th March to 1st April, as major & minor time cycles are going to complete during this time zone. The levels to keep an eye for Nifty are 11550 to 11620 (Spot levels). Factors I am looking are : Time& price Squaring + Time cycle completion + Gann Angle (1x1 @ 11620) + Range squaring.
In no way I am trying to say that the Trend is going to change. Take the trade after looking @ price action.
Major resistance levels are 11413, 11520, 11628
Major support levels are 11337, 11253, 11148, 11105-11095, 10990, 10885, 10781.
In no way I am trying to say that the Trend is going to change. Take the trade after looking @ price action.
Major resistance levels are 11413, 11520, 11628
Major support levels are 11337, 11253, 11148, 11105-11095, 10990, 10885, 10781.
**The above readings are for educational purpose only.**
** 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.
