Nifty Support&Resistance Levels for 12th April Friday.

11 apr

Nifty is in rising channel pattern now at top of the channel if 22800 rejects or a gap down opens and sustains below 22650 Nifty can see 22550-22500 levels.Market is overbought a dip and resumes uptrend in my view.

Support are 22650-22675,22550-22500,22420,22380.
Resistance are 22800,22870,22900,22950,23000.

Note:-Mentioned Support&Resistance levels can act as reversal points.

11 apr

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15 Mins chart for reference.

12 apr

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trendline support holding so far if sustains here might see 22800 to 22850 end of day

12 apr

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12 apr

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keep eye on breakdown of trendlne also if that lower levels mentioned in idea can acheive

12 apr

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trendline breakdown retest done and fell

12 apr

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12 apr

Trade chiuso: obiettivo raggiunto

15 apr

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For monday 22300 area is important support area if that voilates today or tommorow nifty might see 22000 to 21900 area again watch out for break down on support.

15 apr

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15 apr

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22300 area took support

15 apr

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15 apr

Trade attivo

15 apr

Trade chiuso: obiettivo raggiunto

Adjusted stop loss a bit here

15 apr

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