Indian market to open with a positive note.
Nifty Spot View: 17/08/2022
Cmp: 17825.25
Support & Downside Range: 17770—17725—17607--17588
Resistance & Upside Range: 17840—17912—17950--18093
Cmp: 17825.25
Support & Downside Range: 17770—17725—17607--17588
Resistance & Upside Range: 17840—17912—17950--18093
Nifty Tip
Short Term Trend Reversal Level:--
Trading View: Market is not giving up and with overbought daily RSI trading at its doing sideways extension and till yesterday 6th day in a row closed positive for trading purpose key level to watch is 17770—17725 below this levels we may start seeing some profit booking and weakness in market and close below 17607—17588 we may get confirmation of this rally got paused whereas upside key levels to watch is 17912—17950 spot zone break and sustain above this levels for 1hr the move gets more extend towards 18093 levels.
Trading View: Market is not giving up and with overbought daily RSI trading at its doing sideways extension and till yesterday 6th day in a row closed positive for trading purpose key level to watch is 17770—17725 below this levels we may start seeing some profit booking and weakness in market and close below 17607—17588 we may get confirmation of this rally got paused whereas upside key levels to watch is 17912—17950 spot zone break and sustain above this levels for 1hr the move gets more extend towards 18093 levels.
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