INTRADAY NIFTY SUPPORT AND RESISTANCE LEVELS

RESISTANCE : 7910-7969-7988
SUPPORT : 7803-7838-7777

POWER OF CHARTING AND TECHNICAL ANALYSIS

SEE YESTERDAY WE TOLD NIFTY SELL BELOW 7790 AND OUR 1ST TGT WAS 7773 SND NIFTY MADE LOW OF 7772.

THE WE TOLD BUY ABOVE 7819 AND NIFTY TOUCHED OUR 3RD TGT 7778 AND CLOSED AT 7877.

THIS IS JUST BECAUSE OF PROPER TECHNICAL ANALYSIS AND CHARTING SUPPORTS.

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Market Pre Opening

On last Friday we saw nifty close above 7800 level first time at 7803. On intraday nifty is having resistance at 7840. If nifty close above this level with good volumes then we may see 8000 in this week.

Otherwise below 7785 nifty is in consolidation phase.

Intraday Nifty Strategy

Nifty Fut (7803)
Buy only above 7819 tgt 7838-7859-7878 sl 7801
Sell only below 7790 tgt 7773-7758-7737 sl 7805

Today we will nifty flat opening. Nifty is having major support at 7770 level on closing basis.

** Keep sl in system not in mind.
** When call reach to target 1 book some profit and trail sl to buy or sell price. then on target 2 again book 75% profit and move sl to target 1.

Intraday Nifty Support and Resistance Levels

Intraday Nifty Fut Support and Resistance levels :
Support : 7771-7759
Resistance : 7840-7890