Hello everyone this chart technically measured and filtered by team INFINITYIV.
Due to high volatility and uncertainty in market it is important for us to provide you both side level. Which is helps you if market turned opposite.
WHERE CAPITAL ON RISK, CHART SHOULD BE MORE ACCURATE, RELIABLE AND ASSURED. FOR OUR ACCURACY CHECK YOU CAN WAIT N MATCH LEVEL AFTER EXPIRY OR GO THROUGH REST UPLOADED CHART.
KEY STRENGTH:- 1. World market closed positive. 2. Crypto currency is also. 3. Falling prices of crude oil. 4. PCR ratio. 5. Good GST COLLECTION. 6. few strong results. 7. Nifty future also positive.
KEY WEAKNESS:- 1. Rising dollar against rupee. 2. Gold prices.
LEVELS FOR WEEK:-
RESISTANCE*:- ⬆️17651 ⬆️17396 ⬆️17191
SUPPORTS*:- ⬇️17071 ⬇️16808 ⬇️16633 (*there is chance to level mismatch by 0.01% of nifty)
CHART PATTERN AND INDICATORS. 1. Indicators are positive. 2. No any major charts pattern seen. 3. In our view nifty range increases to 3.5%.
HOW TO TRADE WITH 1. Let break any side level. 2. Let close 2, 15 minutes candle above or below. 3. Good to go for next level. 4. Some time profit will be less but it will be profitable.
NOTE:- 1. We are not SEBI registered but our chart accuracy can be trusted. 2. If you agreed with chart please contact SEBI registered advisor b4 any position. 3. To appreciate our efforts please like and share.
GREETINGS:- Happy trading and have profitable week.