simplyansh

NIFTY shied away touching SELLZone, still looks weak on Daily TF

NSE:NIFTY   Nifty 50 Index
NIFTY NIFTY made a pretty good Directional move on the UPSIDE.
It touched 15700 and from there some selling came in. It almost reached our SELL Zone which is still intact.
NIFTY might face huge resistance in this Sell Zone between 15730 - 15950 levels, specially at 15887 level from where the last big fall came in.
On Downside, 15460 level is a major Support and if it breaks next level on downside would be 15157 levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.