NIFTY Daily Analysis - 29th Jun 2022 - Indecisive
Hi Traders/Investors,
NIFTY is looking quite neutral as this point, waiting for the news on US GDP data.
NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline.
On UPSIDE, strong resistance is from SELL ZONE between 15927 - 15927 levels, crossing which it would go for Gap filling from 15927 to all the way till 16175.
On DOWNSIDE, There is a big Buy zone between 15690 - 15610 levels.
Regards,
Anshul
NIFTY is looking quite neutral as this point, waiting for the news on US GDP data.
NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline.
On UPSIDE, strong resistance is from SELL ZONE between 15927 - 15927 levels, crossing which it would go for Gap filling from 15927 to all the way till 16175.
On DOWNSIDE, There is a big Buy zone between 15690 - 15610 levels.
Regards,
Anshul
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