Nifty Spot View: 12/10/2022
Cmp: 16983.55
Support & Downside Range: 16950—16913 zone, 16748
Resistance & Upside Range: 17103.85—17165.15—17213.35
Short Term Trend Reversal Level: -- 17280.15
Trading View: Yesterday we saw strong sell off in our market but today rather opening gap down we may open flat to positive and in today's trading key level to watch is 17103.85 if this gets breach than chance of we may remain in range bound market with wild swing chances open again and close above 17213.35 we may get confirmation that yes market is not in mood to fall much in oct series and chance of our heading again towards 17640—17700 opens whereas till we are below 17213.35 breath remains weak and sell on rise, so understand the importance of two levels trading rest 17103.85 and for closing confirmation 17213.35, till we are below this two crucial levels breath remains weak and downside 16748 is open.
Cmp: 16983.55
Support & Downside Range: 16950—16913 zone, 16748
Resistance & Upside Range: 17103.85—17165.15—17213.35
Short Term Trend Reversal Level: -- 17280.15
Trading View: Yesterday we saw strong sell off in our market but today rather opening gap down we may open flat to positive and in today's trading key level to watch is 17103.85 if this gets breach than chance of we may remain in range bound market with wild swing chances open again and close above 17213.35 we may get confirmation that yes market is not in mood to fall much in oct series and chance of our heading again towards 17640—17700 opens whereas till we are below 17213.35 breath remains weak and sell on rise, so understand the importance of two levels trading rest 17103.85 and for closing confirmation 17213.35, till we are below this two crucial levels breath remains weak and downside 16748 is open.
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