Nifty Spot View: 19/01/2023
Cmp: 18165.35
Support & Downside Range: 18123---18086—18045-18030--17925
Resistance & Upside Range: 18215—18265--18340
Cmp: 18165.35
Support & Downside Range: 18123---18086—18045-18030--17925
Resistance & Upside Range: 18215—18265--18340
Nifty Trading Tip
Short Term Trend Reversal Level: --
Trading View: Ahead of global weakness if we opens gap down than key level to watch is 18045—18030 spot levels if bulls manage to hold this levels on 15-30 mins sustain basis than we may again see up move towards 18215—18265 minimum and max 18340 spot levels whereas after opening if 18045—18030 gets break and sustain below it for 15—30 mins than we may again retest downside 17925 spot levels and in that case I have to consider move from 177761 till yesterday's high 18183 as Wave A of Ending diagonal E and this dip is wave B of ending diagonal wave E followed by wave C up move in coming days.
Trading View: Ahead of global weakness if we opens gap down than key level to watch is 18045—18030 spot levels if bulls manage to hold this levels on 15-30 mins sustain basis than we may again see up move towards 18215—18265 minimum and max 18340 spot levels whereas after opening if 18045—18030 gets break and sustain below it for 15—30 mins than we may again retest downside 17925 spot levels and in that case I have to consider move from 177761 till yesterday's high 18183 as Wave A of Ending diagonal E and this dip is wave B of ending diagonal wave E followed by wave C up move in coming days.
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