Nifty Levels to Trade for June 17
Nifty Hourly Chart
Has the Breakdown Happened ?
Nifty hourly chart is shown below where i have marked the support areas. 5393 was one Support the most important support will come near 5365-70 range if this get broken and sustained we will see a momentum fall.
Hourly Indicators are in Oversold zone and Rallies till 5455 should be used to short.
Nifty Fibo Chart
As per Fibo chart 5393 was 23.6 % retracement and Nifty took support gave a bounce.
Now on Higher side we are having resistance @ 5434 and 5455 levels which should be …
Read the full story »
Has the Breakdown Happened ?
Nifty hourly chart is shown below where i have marked the support areas. 5393 was one Support the most important support will come near 5365-70 range if this get broken and sustained we will see a momentum fall.
Hourly Indicators are in Oversold zone and Rallies till 5455 should be used to short.
Nifty Fibo Chart
As per Fibo chart 5393 was 23.6 % retracement and Nifty took support gave a bounce.
Now on Higher side we are having resistance @ 5434 and 5455 levels which should be …
Read the full story »
posted by Bramesh at
8:33 AM
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