Hey guys,
Nifty is trading at crucial support level of 15700 due to global sentiments.
in bear case, if nifty breaks support of 15500.. it will go more downwards to 14800 and 14500..but it only happens if there's in extreme negative global sentiments.
but in bull case,
If nifty daily candle breaks 15800. it will go up till 200 ema or 16400.
If nifty breaks 200 ema .. nifty shows us uptrend till 16800 and 17500.
levels are marked.
Kindly Regards
Sumit Thakur
Nifty is trading at crucial support level of 15700 due to global sentiments.
in bear case, if nifty breaks support of 15500.. it will go more downwards to 14800 and 14500..but it only happens if there's in extreme negative global sentiments.
but in bull case,
If nifty daily candle breaks 15800. it will go up till 200 ema or 16400.
If nifty breaks 200 ema .. nifty shows us uptrend till 16800 and 17500.
levels are marked.
Kindly Regards
Sumit Thakur
