NIFTY has taken support at trendline today.
NIFTY could not hold the momentum after opening gap-up today.
If Nifty breaks the trendline and level marked, then our first target can be ~19934.00 level
If Nifty opens gap-up over 20018.00 level then we can go long again it can hit the all time high level if there is good price momentum
The level between 19981.00 and 20018.40 level will be a no-trading zone
There is a resistance level at 20039.00 level watch for that. If that level breaks we can hit all time high level once again
Happy Trading :)
NIFTY could not hold the momentum after opening gap-up today.
If Nifty breaks the trendline and level marked, then our first target can be ~19934.00 level
If Nifty opens gap-up over 20018.00 level then we can go long again it can hit the all time high level if there is good price momentum
The level between 19981.00 and 20018.40 level will be a no-trading zone
There is a resistance level at 20039.00 level watch for that. If that level breaks we can hit all time high level once again
Happy Trading :)