Tripple support Zone for NIFTY

2022年1月20日

Currently NIFTY is near triple support zone of 17762, 17709 and 50 EMA near 17623. It should take support from any of the three levels. If NIFTY closes below 17623 today or tomorrow...Next week onwards we can see further 4 to 8 % correction. Critical support zone for NIFTY here. Lets wait and watch

2022年1月20日

交易結束：目標達成

Nifty closed above our support zone and did not go below the danger zone suggested in above message. Nifty closed at 17648. It should continue the positive momentum gained in last hour of trade resistance levels of 17762, 177818 and if all goes well 17917 and 18024 by mid of next week. In case Nifty closes below 17622 50 EMA there will be further blood bath. DII and Retail investors are holding fort.