Nifty Technical Levels for 12 May
Nifty Hourly
Nifty Hourly chart has been trading in a range of 5503-5492 for this week.A sideways move after 9 days of correction we saw.
As I have pointed in Weekly Analysis that 5595(Weekly Pivot) is am Important level which should be crossed for market to move till 5630 levels.Nifty is unable to cross this level in past 3 days.
On Hourly charts downside protection is coming at 5503-5515 levels.
Traders should trade the range of 5510-5590 till market does not break the range.
Break of 5595 is important for Bulls and Break of …
Read the full story »
Nifty Hourly chart has been trading in a range of 5503-5492 for this week.A sideways move after 9 days of correction we saw.
As I have pointed in Weekly Analysis that 5595(Weekly Pivot) is am Important level which should be crossed for market to move till 5630 levels.Nifty is unable to cross this level in past 3 days.
On Hourly charts downside protection is coming at 5503-5515 levels.
Traders should trade the range of 5510-5590 till market does not break the range.
Break of 5595 is important for Bulls and Break of …
Read the full story »
posted by Bramesh at
8:52 AM
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