Nifty support zone on Monthly time frame
Hello,
I really dont know, where the corona effect will stop and how it will cure on health prospective. but if we see with the Indian market prospective, the next support for Index nifty is 6900-6800. nifty will test these level very soon and will show the reversal from that point.
The strategy i am going to follow is that if it touches 6800 level, i will long the 3 month ahead future with my risk appetite.
Will see how it will work.
Regards,
Satish Haryan
I really dont know, where the corona effect will stop and how it will cure on health prospective. but if we see with the Indian market prospective, the next support for Index nifty is 6900-6800. nifty will test these level very soon and will show the reversal from that point.
The strategy i am going to follow is that if it touches 6800 level, i will long the 3 month ahead future with my risk appetite.
Will see how it will work.
Regards,
Satish Haryan
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