Nifty Trading Strategies & Tips for Monday 22 Aug

National Stock Exchange’s Nifty ended at 4845.65, down -98.50 points or -1.99 per cent. The broader index touched a high of 4893.60 and 52-week low of 4796.10 in trade today.

Nifty Futures shut stop at 4850 down by -88.05 points or -1.78 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4775 else above resistance level of 4905 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 4905 & above this level the next resistance is seen near the 5076 mark.

SUPPORT: It has first support close to the level of 4775 & below this level the next support is seen near 4665 mark.

0 comments:

Post a Comment