Nifty 50 Index

Today Nifty Level

63
If R1 gets broken today it will slowly stumble and nifty move to R2, since R1 is the biggest resistance it is a little difficult to break it today, but if broken it will definitely go to R2, also R2 is the biggest resistance, only if both of these are broken then the Uptrend can go. If not, it could be a big Down Trend or 50 to 80 points Side Way trade like yesterday. But in this you do not consider R1 and R2 as separate resistances but consider the 70 points from 19460 to 19530 as a single resistance, because even if the trade goes up today, it can turn back down anywhere within these 70 points.

כתב ויתור

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