Nifty after making its Yearly Low of 2019 at 10637 in the month of Aug. Has tried to reach at the top but couldn't sustain above 11141 levels which created a barrier for the Nifty to show bull trend.
Leading to the Trend. To continue the up trend Nifty needs to break above the levels of 11142 which opens up the resistance level range of 11235-11245.
On Downside, if its turn out to be fake up trend, then support can be seen at levels of 10720-10640. If it breaks then expect new yearly lows.
Be cautious with each trade.
Leading to the Trend. To continue the up trend Nifty needs to break above the levels of 11142 which opens up the resistance level range of 11235-11245.
On Downside, if its turn out to be fake up trend, then support can be seen at levels of 10720-10640. If it breaks then expect new yearly lows.
Be cautious with each trade.