Tuesday, August 23

Has Nifty made Short Term Bottom?

Nifty Hourly

On Nifty Hourly Chart Market resisted at the channel resistance @4965-76 levels and gave a quick fall. Today the Gap of 4893-4932 got filled and Hourly Indicators have become overbought.
Support will come at 4932 which is previous Resistance.

Nifty Daily

On Daily Chart Market is approaching the Wall of Resistance @

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