Personal View Only :
Nifty current rally is quite strong with some healthy consolidation possible till 11370/11176. 11100 - 11176 may offer major support.
Unless this is broken on closing basis, rally may continue. So 11100 is strict SL level for bulls.
Quite a good earning season and any trade deal may bring more momentum to this rally.
Around 11750-11800 level is the double top. If nifty reaches there, some consolidation possible.
Breakout from double top may lead to 400-500 points rally for nifty.So overall 12200-12500 is the possible nifty level for May.
Nifty current rally is quite strong with some healthy consolidation possible till 11370/11176. 11100 - 11176 may offer major support.
Unless this is broken on closing basis, rally may continue. So 11100 is strict SL level for bulls.
Quite a good earning season and any trade deal may bring more momentum to this rally.
Around 11750-11800 level is the double top. If nifty reaches there, some consolidation possible.
Breakout from double top may lead to 400-500 points rally for nifty.So overall 12200-12500 is the possible nifty level for May.
Not
As expected ReboundedNot
Closing Below 11360 exit
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.