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Resistance(target) is still far away which at 12286 nearby (yesterday’s high was 12237)
In the short term, wave(direction) seem to be changing for downside move.
We are thinking for short selling after the sharp up spike.
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In last update, I have updated everything about nifty which was clear. Actual support also mentioned 11854(made low 11844). Still, nothing is much change in this update.
Support 11854 is strong and reference of Cycle(ii) 11934-11955 non-stop move. Breaking and closing below 11812 previous investor’s support will push nifty down, but chance is very low till.
Perfectly achieved and follow our level by NIFTY spot. Look at the chart and mentioned the support at 11854 and fired upto 11966. Let’s check it by chart. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Everything is clear on spot nifty. Resistance 12021 and 11955.
Support and targets 11889 and 11854.
You have to create your action plan if you are ready to trade.
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Nifty is following our trend channel.
No need to worry if the short wave is up, finally if it’s up then it will not break 12072 below.
But since today, nifty has taken resistance as the previous R.
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We will think short side only trade below 12070 below for spot level
Last call was nifty future on the way of long(buy) side.
The price is moving toward the channel target 12150 nearby at value high and control price has stronger gravitating. Be careful after reaching nearby 12150 (Resistance) for long traders.
Above the Control Price (12085), its clear way to move 12156
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Buy Nifty future Nov. 12000 above for targets 12100 ad 12172
Since few days, we did not provide any research or call after EDELWEISS researched and achieved target 128 from 97. We are working o strategy which can you give profit of consistency. Almost all our energy applying behind Tail Trade Strategy which will be launch shortly.
These all levels are important for day traders today. 12022 is easy to reach if trade 11962 above.
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