Nifty - View & Intraday Levels for - 08 Dec 2022
Nifty View and Support & Resistance Levels for Tomorrow..
Nifty Showing weakness and Resistance on the higher side is getting stronger. So expecting 18500 in Nifty before this expiry.
Look to take SELL entry in Nifty at 18600-18615 levels for Target of 18500 and below, incase any breakout above 18484- Target 1 & 2 will be tested.
Uptrend is expected only if Nifty trades above 18637
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty Showing weakness and Resistance on the higher side is getting stronger. So expecting 18500 in Nifty before this expiry.
Look to take SELL entry in Nifty at 18600-18615 levels for Target of 18500 and below, incase any breakout above 18484- Target 1 & 2 will be tested.
Uptrend is expected only if Nifty trades above 18637
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
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