Nifty Spot View: 03/03/2023
Cmp: 17321.90
Support & Downside Range: 17300--17255
Resistance & Upside Range: 17445--17490--17540—17580--17620
Check our Nifty option tip and bank nifty option tip for the day.
Short Term Trend Reversal Level: -- 17255
Trading View: In today's trading session key level to watch is 17300 spot if this gets break then we may see selling pressure to extend towards 17255 and below levels whereas if 17300 holds then we may move upside and first rest we may face around 17445 a break and sustain above it for 15-30 mins move gets extend upside towards minimum 17490 to 17540 and max 17580—17620 spot levels.
Trading Gyan of the day
Simple habits and behaviour will make us Rich. Spend less, save more is one key habit.
But more important than 'Saving' is 'Earning'.
Buy stocks when others are predicting lower levels. Buy strong brands which are cheap.
"The stocks I try to buy are the very stocks the traditional fund managers try to overlook" - Peter Lynch.
Nifty live update
Finally its has given breakout from falling channel for the first time after 11 days.. which is indicating that now new selling pressure comes only if it goes below 17255 spot levels else in coming days it will try to move upside towards 17590 to 17695 as its first attempt now here we have two crucial level to watch first is 17695 spot which is 38.2% of the recent fall and 17836 which is 66.% of the recent fall a mov above 17836 will indicate that wxyxz pattern correction done and now nifty is all set for new impulsive up move..
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
