Nifty Support is around 17800 (Unbreakable). Intraday
Resistance 1 : 17900. (Breakable). Intraday
Resistance 2 : 18100. Intraday.
If Nifty opened Gap up above 17900. Then we may see 18100 Levels coming on Monday trading Session.
If Nifty Opens Flat then we will see a range bound session, 17800-17900 Levels.
As per Option Chain Nifty seem bullish but as Per Technical Analysis Nifty seem to fall. Every time when markets goes for a rally from its bottom, it makes W pattern. If you See 1 day chart of Nifty W pattern is Still Pending. So I am doubting a little, But Fundamentally option chain looks bullish.
I Hope you all got my point.
Have a Profitable day Traders.
Good Day.
Resistance 1 : 17900. (Breakable). Intraday
Resistance 2 : 18100. Intraday.
If Nifty opened Gap up above 17900. Then we may see 18100 Levels coming on Monday trading Session.
If Nifty Opens Flat then we will see a range bound session, 17800-17900 Levels.
As per Option Chain Nifty seem bullish but as Per Technical Analysis Nifty seem to fall. Every time when markets goes for a rally from its bottom, it makes W pattern. If you See 1 day chart of Nifty W pattern is Still Pending. So I am doubting a little, But Fundamentally option chain looks bullish.
I Hope you all got my point.
Have a Profitable day Traders.
Good Day.