• Support & Resistance zones for 8th Sep .
• Major resistance is visible at 40,000 and support is at 38,500.
• Immediate support stands at 39,200 and if it is breached, the index can slip to 38,800-38,500 zone.
The bias remains on the buy side as long as the support level is held.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
•••
• Major resistance is visible at 40,000 and support is at 38,500.
• Immediate support stands at 39,200 and if it is breached, the index can slip to 38,800-38,500 zone.
The bias remains on the buy side as long as the support level is held.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
•••
Note
i have given upside level with trade setup in my next idea
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.