Nifty analysis for 22 october 2020

Nifty Detailed Analysis .. for Tomorrow 22-10-2020

Nifty Detailed Analysis 22-10-2020

 

👉 In the morning .. Nifty has gapped up . opened higher almost 62 points from its previous day close near 11858

👉And if we talk about .. the levels .. then  Nifty has strong resistance .. @ 12000-12025 Almost 3 times nifty has came near this but didnt broke today aswell .. 

👉Now what will be the Levels for tomorrow 22-10-2020

👉So now we will discuss about .. that levels with .. this below .. image .. you would clearly understand ..wht chart says .. with this deatailed image …

Nifty analysis for 22 october 2020
Nifty analysis for 22 october 2020

👉first we talk about support for nifty .. i have dicussed about previous gap  in nifty that was  11750-11800 

👉Today also Nifty has fallen .. near its . resitance area from 12020 and came near its previous gap .. that has acted as strong support and it has closed near 11930

👉 So as of now … Nifty has strong support . @ 11750-11800 (for short term )

   Nifty has strong resistance @ 12000-12020

👉 For tomorrow .. What will be the .. Support area and resitance area???

                   Nifty has  good support @ 👆 11900(for tomorrow) if its sustain we can again see .👆 12000 mark if 12000-12020 level holds for some time .. it may go up otherwise again fall 

                                                                    Below 👇 11900 — Nifty may slip till 👇  11850-11800

 

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