Nifty formed a NR 7 candle on 11th Sept.
Top of the candle is on a resistance line too, breach of this 11494 levels should invite some fresh buying.
11567, 11604, 11648 may act as resistance levels on the way up.
11410, 11354 and 11301 are important support levels.
There was a clear "buy" signal on 9EMA on 21RSI system on 2 hour chart, and a "mild one" on daily chart too. This system has generally helped me in predicting the direction right.
Please follow adequate stop loss levels and use caution while trading.
Top of the candle is on a resistance line too, breach of this 11494 levels should invite some fresh buying.
11567, 11604, 11648 may act as resistance levels on the way up.
11410, 11354 and 11301 are important support levels.
There was a clear "buy" signal on 9EMA on 21RSI system on 2 hour chart, and a "mild one" on daily chart too. This system has generally helped me in predicting the direction right.
Please follow adequate stop loss levels and use caution while trading.