Nifty - Intraday Levels for 12 July 2022
Nifty Intraday Levels for Tomorrow..
Trend : Bearish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting Nifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone, wait for a pull back to test Trend line then we can go long for Targets CPR, PDH / SELL Reversal levels. Incase any breakout above CPR is also we can see some Buying Opportunity. If Nifty trades below CPR, there is a possibility to test PDL and lower Targets. As this week is going to be Sideways market.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Trend : Bearish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting Nifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone, wait for a pull back to test Trend line then we can go long for Targets CPR, PDH / SELL Reversal levels. Incase any breakout above CPR is also we can see some Buying Opportunity. If Nifty trades below CPR, there is a possibility to test PDL and lower Targets. As this week is going to be Sideways market.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
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