Sigh of relief in Stock Market, but NIFTY still below 200DMA
NIFTY gave a gap-up opening around 16450 above the Fibonacci levels around 16430. The bounce back is a welcome call and sigh of relief in the weekend after the severe market crash seen yesterday.
Markets are still trading well below the 200 DMA levels of around 17020 levels.
Parabolic SAR is still in the bearish phase on one hourly chart and ranges between 16650-16750 levels for the last 2-3 hours.
Current significant Resistance levels are between 16900-16950 based on Fibonacci levels and GANN Square of 9.
Significant support levels are 16400 based on Fibonacci levels and 16300 based on GANN Square of 9.
Markets are still trading well below the 200 DMA levels of around 17020 levels.
Parabolic SAR is still in the bearish phase on one hourly chart and ranges between 16650-16750 levels for the last 2-3 hours.
Current significant Resistance levels are between 16900-16950 based on Fibonacci levels and GANN Square of 9.
Significant support levels are 16400 based on Fibonacci levels and 16300 based on GANN Square of 9.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.