After a Mega Breakout Nifty Faces Major Fibonacci Resistance in the coming days. This resistance is at 20720. Once we get a closing above 20720 channel going towards 22000 will open. Since Nifty may face consolidation / Profit booking in the coming days the supports for Nifty will remain near 20518 and 20021. 19659 will be the level closing below which bull run might end.
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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.