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Support for intraday 11638-11659 and Resistance is too far from this support.
If Nifty trend is changed, then Resistance 11718-11738
Breaking this range, you will get update.
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11696 to 11714 support and Resistance 11768 and 11782 nearby
breaking out this range, you will get a new update.
Intraday Trading is good in this type of market. You should be careful with first trading of today guess exact direction of market.
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We are seeing fresh high now days. In this situation, best way to trade in direction and intraday trading. Without confirmation of downtrend, Short selling and put is not good for trading.
Nifty opened with gap up and moving up. We have clearly found resistance for intraday 11772-84 and support will 11721-11709 intraday. Suppose not break 11800 and trade below 11780 for first hours, expected selling. Nifty will weak below 11700.
You will get soon clear direction for Nifty future with chart.
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We are seeing fresh high now days. In this situation, the best way to trade in direction and intraday trading. Without confirmation of downtrend, Short selling and put is not good for trading.
Don’t Panic, We will sure catch this time if downtrend start.
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Technical view on AXISBANK: According to technical view RSI and MACD both are indicating for selling, and also it is on long-term resistance is following.
Resistance nearby 636 and 643 can be expected heavy selling. Target can be expected first target 612 nearby, and 2nd target: 602 to 597.
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After a long time, We’re going to update stocks and indexes here on a regular basis. Now here is the chart of NIFTY future for “Smart traders, should be sit on their chair for while”.
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