Outlook: Vision for NIFTY

The support is at 11697 nearby with 11792 Resistance lead NIFTY.

The predicted vision for NIFTY is drawn in the chart.

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Sellers pressure on NIFTY will push price…!

They’re two scenarios created by NIFTY.

  • Previous support 11816 existed.
  • Control price attracting value to 11841.
  • Sellers pressure will lead price toward value low at 11802 nearby.

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Nifty Always Follow Our Project If You Don’t…

NIFTY exactly following our project, and you can also CHECK it here.

  • The price seems to move value low which has stronger support 11850 and 11825 nearby.
  • This support can attract the buyers and control price will be a target for them.
  • The better way to trade at value low with the tail if this is not breakdown.

We have to think for breakdown also here. I’ll alert of it is the breakdown. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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NIFTY: If not breakdown, then price will bounce

  • NIFTY is fighting with control price and value low.
  • previous support 11836.

If not breakdown then, the price will back from the support.

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Nifty Is At Support But Still Not Good For Long

  • We are seeing clearly (c) wave is our target but where is the correct short level…!
  • Presently, NIFTY is at perfect support.

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Intraday Trade SETUP for BANKNIFTY

The small value area and narrow channel are plotted on the chart.
For the long trader, the value area found the support at 31186 nearby.

NOTE: Trade always requires verification of move by the few of the points due to live market hours. I will best try to update at live market hrs.

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