rakeshreddym

Nifty Levels for Monday 5th Feb

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NSE:NIFTY   Indice NIFTY 50
On daily front NIfty made a big bearish pin bar, Nifty came out of previous trading range of 21450 to 21800, though it made ATH and fell but closed above 21800 on friday, if this sustanis here it will go test friday high and even more, only below 21780 sustains sellers will push it down to 21650 to 21550 area again.

Support 21780 below susstains short Targets of 21700,21650,21600,21550
Resistance 21850 Above sustains long Targets of 21920,22000,22050,22100.

Metioned targets can act as Reversals above and below , please check price action on those levels.
Commentaire:
Stuck in range above or below only expect a good move in between it will eat premium
Commentaire:

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