NPKiran

Nifty 50 - Aug 16th

NSE:NIFTY   Indice NIFTY 50
Only 4 levels to look for in next trade

  1. 19645 - range high level, once this level is broken on upside there will be hope for long setup. Until nifty will be sell biased
  2. 19467 - important break down level after making a high at 19645, today nifty reversed immediately after returning to this level from bottom
  3. 19345 - intraday swing formed at this level and once this level breaks on down side we may see a trending move
  4. 19296 - previous low is broken in today session and moves in favour of sellers
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