NIFTY moving towards 200 EMA
Disclaimer: I am not a SEBI registered entity. All ideas shared are personal opinions and should not be treated as advice. Please connect with your advisor before taking any trade.
Looks like NIFTY will take support at 200 EMA levels or earlier -- a confluence of the 200 EMA around 16300 levels and the all important Fib 1.618 level around 16400, the zone looks to be the support for December series.
Looks like NIFTY will take support at 200 EMA levels or earlier -- a confluence of the 200 EMA around 16300 levels and the all important Fib 1.618 level around 16400, the zone looks to be the support for December series.
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