OptionsTrader_Desi

NIFTY SGX , Analysis - Sep 6

NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Nifty still trading with in Aug 30,2022 (17409-17851) 500 point range on higher time frame.

Overall sideways movement until 17409 is broken for downside and 17851 for upside momentum

Big support on 4Hour time frame (17489-17520 levels)

Big resistance level on 4Hour time frame (17658-17720)

Any day we open above or below these level will have good momentum until then range bound days
Comment:
We going to see explosive move tomorrow
Comment:
17900 , more to come this week
Comment:
We hit. 4Hr timeframe 17489 demand zone , that was loading zone , 500+ pt from there as mentioned from above Idea
Comment:
We need to close above 17970+ above for more continuation next few days . Long Nifty Short SPX is theme
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