Nifty - View & Intraday Levels for - 13 Feb 2023

Nifty : My view is BULLISH if there is no negative news and Global cues are positive.

It was a range market this week, and Nifty closed with no clear direction.

BULLISH view:
If Monday Opens gap up and sustains above the upper trend line - 18020 will be tested before expiry.

BEARISH View:
Incase of weakness and closes below the lower trendline or the demand zone, we would expect BEARISH move until 17720.

Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!