WHT WILL HAPPEN COMING DAYS?
In Nifty any high will be selling only, its trading between in triangle pattern once break the triangle then only we know the trend
Important Resistance Levels in Nifty
200 SMA @ 5648 in Daily charts
100 SMA @ 5850 in Daily charts
50 SMA @ 5669 in Daily charts
5561(38.2% Retracement of 6181 to 5178)
5679(50% Retracement of 6181 to 5178)
5797(61.8% Retracement of 6181 to 5178)
RSI FINDING STONG RESISTANCE @50
Positional Intraday call For Nifty
SELL@ 5550 WITH STOP OF ABOVE 5665 CLOSING IN DAILY TGT 5400 & 5200 once break 5200 and close below in weekly chart next tgt will be 4800
In Daily Charts Nifty Close Above 5650 consecutive 2 days Tgt will 5800
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