Nifty price action

6 Ağu 2022

Nifty has made good move further i have checked and see that nifty consolidation on last two days, Coming to the point since its longs upside move there may be some retrace, If nifty continous it's upside move Resistance 1 seen @ 17700-17800 ,Resistance 2 @18000, R3 @ 18350 and R4 @ 18600 if nifty break beyond that nifty will reach new highs. If nifty breaks downside support zone @ 16850-16750. Check out chart further to identify trend. I am just giving out my ideas, not a SEBI person Do you own analysis before taking positions Good vibes to everybody..