NMifty is in overbought zone so expect profit booking
Initial range is between 25020 and 25085
Opening may POSSIBLEE near 25059
If Nifty goes down to 25023 and holds above 25020 then it can move to 25100 and 25150
If Nifty falls to 25000 and holds above 25000 then short covering can take it back to 25020 and 25105
If Nifty breaks below 25000 ,WATCH BB BAND on 5 minute chart then it may slip to 24943
Support levels for today are 25498 and 24943
Resistance levels for today are 25150 and 25203
Initial range is between 25020 and 25085
Opening may POSSIBLEE near 25059
If Nifty goes down to 25023 and holds above 25020 then it can move to 25100 and 25150
If Nifty falls to 25000 and holds above 25000 then short covering can take it back to 25020 and 25105
If Nifty breaks below 25000 ,WATCH BB BAND on 5 minute chart then it may slip to 24943
Support levels for today are 25498 and 24943
Resistance levels for today are 25150 and 25203
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.
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.