nifty view - 03-12-2021

3 дек. 2021 г.

Nifty after our market closing has tested a new swing high 17500 , for today , this will act as resistance , since yesterday it has break 17300 resistance , it will act as support. I am expecting market will be in range

Range high -17500
Range low - 17300

Trade set up Sell the range till we get the direction

if 17500 breaks we have possibilites to test 17600 , breaking 17600 will be trending up side momentum and sentiment will change to upside
but if 17300 breaks then we will see negative sentiment will continue and we might see fall till 17200/17150