MARKET ANALYSIS AND PREDICTION FOR 03.09.21 (FRIDAY ) ON 9 SEPT
*******************************************************
* NIFTY 50 *
---------------------
SUPPORT AREAS
---------------------------
1ST SUPPORT AREA : 17211.25-17225.50 |
2ND SUPPORT AREA : 17131.05-17145.00 |
3RD SUPPORT AREA : 17075.55-17087.10
* NIFTY BANK *
------------------------
SUPPORT RESISTANCE
----------------------------- ----------------------------------
1ST SUPPORT AREA : 36145.75-36552.40 | 1ST RESISTANCE AREA : 37043.60-37043.60
2ND SUPPORT AREA : 36484.80-36552.40 | 2ND RESISTANCE AREA : 37557.15-37708.25
-----------------------------------------------------------------------------------------------------------------------------------------------------
EXPECTATION : The short term trend of Nifty is in a strong mode and the broad market indices were also in driver's seat.
One may expect further upside in the next 1-2 sessions, before showing another round of consolidation
or minor profit booking from the new highs.
The next upside levels to be watched around 17,500 and immediate support is placed at 17,150,
A long bull candle was formed on the daily chart, that surpassed a reasonable negative candle of Wednesday and closed above it.
This pattern has nullified a minor negative/consolidation pattern on the daily chart and this display a strength of upside momentum in the market.
This is positive indication and one may expect more upside in the short term,
---------------------------------------------------------------------------------------------------------------------------------------------------------------
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在
使用條款閱讀更多資訊。