Nifty is squeezing between strong support & resistance zones currently. The Résistance zone is between 19466 to 19548. Strong Support zone is between 19323 and 19414. Neither side is willing to give way. The next Three trading sessions hold key to decide the direction of the market in the short term. In the long term overall sentiments of the market remain positive.
Trade active
Nifty Outlook already given here. Hoping that Nifty will cross the full Resistance zone in one go tomorrow and close much much above the resistance zone. Let us see how it goes. 19600/19700 might be in a touching distance if all goes well for the bulls.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.