NIFTY rangebound
NIFTY will trade rangebound today, between 17250 and 17450. EMA 21 and EMA 200 being at these levels will be acting as support and resistances. EMA 89 is at 17350, where NIFTY is lingering right now. Fib levels also providing support at 17330. VIX at 21, so looks like another day where market may show moves on both sides. Max pain at 17400 suggests an expiry near to it.
DISCLAIMER: I am not a SEBI registered investment advisor. All views are personal and for self-education. Do not use these for trading.
DISCLAIMER: I am not a SEBI registered investment advisor. All views are personal and for self-education. Do not use these for trading.
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