Analysis for Newbie's
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For people who are learning to trade.
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Nifty is near to double top resistance. Opening price action tomorrow will decide the trend direction.
⚑5πŸ‘2
Nifty 26200 is the support now. Price will be choppy as double top resistance is getting tested.
πŸ‘5❀2
Sensex - towards 86k.
πŸ”₯5❀1
And Sensex 86010 now. πŸš€πŸš€πŸš€
πŸ‘3❀1⚑1
Nifty - pullback. It can test the 26200 zone.
πŸ‘7❀3⚑1
Nifty - if unable to break 26250, then it can test 26200, 26160. Range move.
πŸ‘13❀2
26250 zone - still price is testing.
πŸ‘14
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πŸ‘3❀‍πŸ”₯1
Nifty 26320 should sustain to move up. If there is a pullback, 26250 level should react with bullish strength.
πŸ‘8πŸ”₯2❀1
Nifty is showing bearish strength at 26250. It can test next support as shown in the chart.
πŸ‘7❀2
Nifty is still testing and moving in the marked area.
πŸ‘6πŸ”₯2❀1
Nifty - Price will move in range before testing 26100 zone.
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Sensex - at support.
πŸ”₯6❀1
Nifty - forming choppy range.
πŸ‘8❀2
Nifty - Lower trend line test.
πŸ”₯9❀1πŸ‘1
26k tested. Now a pullback. Price is at support zone.
πŸ‘6❀3