Dear Traders,
Here is my view on Nifty with Support & Resistance Zones marked on nifty chart.
Nifty has immediate support @ 18400-420 levels and big support at 18300 levels. Nifty fall on Friday took support at 18400 levels and it will be crucial level for coming expiry.
On up side the 18500 levels will act as immediate resistance if 18500-530 levels are broken we can expect a quick move to 18600 levels around but 18620 -640 levels can see some profit booking during week's time.
buy at dips -sell on rise could be a good strategy.
Happy trading.
Here is my view on Nifty with Support & Resistance Zones marked on nifty chart.
Nifty has immediate support @ 18400-420 levels and big support at 18300 levels. Nifty fall on Friday took support at 18400 levels and it will be crucial level for coming expiry.
On up side the 18500 levels will act as immediate resistance if 18500-530 levels are broken we can expect a quick move to 18600 levels around but 18620 -640 levels can see some profit booking during week's time.
buy at dips -sell on rise could be a good strategy.
Happy trading.