As per the Nifty weekly profile, the major support comes around 5392-5382, the previous weeks, POC and VAH any break of that can take us directly to 5312 and 5234. The monthly profile also has support around the 5400 region. So all in all the region between 5380-5400 should hold for any further upmove. The first resistance to such upmove should come around 5495 and then 5546.
Thanks & Regards
Sanjay Kr Jaiswal (For the details about Profile and Chart : http://marketpulse-snp.blogspot.com/p/profile.html)
Dear Nimesh,
ReplyDeleteAs per the Nifty weekly profile, the major support comes around 5392-5382, the previous weeks, POC and VAH any break of that can take us directly to 5312 and 5234. The monthly profile also has support around the 5400 region. So all in all the region between 5380-5400 should hold for any further upmove. The first resistance to such upmove should come around 5495 and then 5546.
Thanks & Regards
Sanjay Kr Jaiswal
(For the details about Profile and Chart : http://marketpulse-snp.blogspot.com/p/profile.html)
@Sanjay Bhai,
ReplyDeleteThanks a Lot