Nifty spot chart analysis for 10.08.2022

2022年8月9日

Nifty is standing just below a strong resistance of 17535.

Nifty is standing just below a strong resistance of 17535.

between 17684 to 17731 is an Extremely strong resistance.

if nifty crosses over 17731 then it may reach to the level of 17780.


if nifty moves down below 17489 then it may take support on 17442, 17442 is a strong support.

if nifty moves down below 17442 then it may also cross 17393 and may reach to the level of 17340.

If nifty crosses down 17340. then it may take bounce back from bounce back zone.

IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17241 AND REACH TO THE HIGHER LEVELS.