LETS FIRST GIVE YOU RESISTANCE
MONTHLY RESISTANCE :- 11433
Weekly+ DAILY RESISTANCE :- 10989.45
DAILY SUPPORT AT 10430.05
currently we are at weekly+ DAILY RESISTANCE AREA
TRY AND AVOID TAKING ANY NEW LONG POSITION , BUY ONLY ONCE DAILY IS CLOSES ABOVE 10989.45 , THEN THE NEXT TGT CAN BE 11433
MONDAY+TUESDAY WAIT AND WATCH WHAT MARKET IS TRYING TO DO , AS MARKET IS IN UP TREND I WILL LET IT COME TO DAILY SUPPORT OF 1430.05 AND START ADDING MORE NEW LONGS IN THE MARKET .
IF NIFTY BREAKS THE SUPPORT WE MIGHT SEE NEW LOWS IN THE MARKET . I WOULD WAIT AND WATCH , B/O OF 10989.45 WILL BUY MORE GOOD STOCKS ON CLOSING BASES .
AND IF IT STAYS IN RANGE BOUND , BUYERS ARE CONFUSED .
IF YOU ALL WANT TO ALSO LEARN TO FIND SUCH KIND OF LEVELS AND HAVE ANALYSES , GET IN TOUCH .
Comment:
Weekly resistance as told above ,is coming into action , until.and unless it does not close above it weekly , we will always have a pressure of selling in the market
lets see do we get 1 hour closing from here or we get a bullish signal