1. Late night,after the FED kept the interest interest rate
USINTR
unchanged @5.5%, DOW
DJI
showed upside move of +512 points towads 37180 and GIFT NIFTY
NIFTY1!
showed an upmove of +200 points, chances are Nifty
NIFTY
may open gap up.
2.Yesterday,as analysed if open below 20940,then 20940 may act as resistance for downside move to 20820/20830, after 20820/830 was broken down 20785 was also seen as analysed yesterday.
After taking support from 20785 it was able to break 20820/20830 upside and traded above it, and just closed below 20940
3.Today,If open flat above 20880-20900,then 20850-20880 may be day's immediate support,20820-20830 may act as strong support(have to confirm with price action)
4.If open gap up above 20940-20976,then 20940 may act as support with immediate support below 20880-20900
5. If open big gap up above 21018,then a sideways expiry can be seen between 21096/106 and 20976/940
USINTR
unchanged @5.5%, DOW
DJI
showed upside move of +512 points towads 37180 and GIFT NIFTY
NIFTY1!
showed an upmove of +200 points, chances are Nifty
NIFTY
may open gap up. 2.Yesterday,as analysed if open below 20940,then 20940 may act as resistance for downside move to 20820/20830, after 20820/830 was broken down 20785 was also seen as analysed yesterday.
After taking support from 20785 it was able to break 20820/20830 upside and traded above it, and just closed below 20940
3.Today,If open flat above 20880-20900,then 20850-20880 may be day's immediate support,20820-20830 may act as strong support(have to confirm with price action)
4.If open gap up above 20940-20976,then 20940 may act as support with immediate support below 20880-20900
5. If open big gap up above 21018,then a sideways expiry can be seen between 21096/106 and 20976/940
and immediately took support:It may remain now sideways to bullish..21096-21106 improtant support now