Hello all traders today we will discuss .. about nifty prediction for tomorrow with multitimeframe analaysis .. and with support resitance and trendlines.. also ..
so Please follow nifty analysis for tomorrow and .. match with my analysis ..I may be wrong or right .. but i have explained all facts .. and levels with logic .
As you can see in the above image nifty is taking support at a weekly timeframe so this support will act as strong support in nifty for the short term and if this level sustains then nifty will be going upside from this level so. it should sustain these levels ..now .
Nifty strong levels as per weekly 15550-15700 will act as strong support in nifty .. I have taken 150 points zone because i am analyzing nifty in a weekly timeframe so I will have to take 100-200 points zone .
Zones decided with timeframe . if I take small timeframes so zones will be also small.
Now we will discuss for tomorrow levels .. :- for 28 July ..
As you can see from above image nifty is taken support near 15700 and close near 15750 ..
Scenario -1:-so .. for tomorrow also .. IF nifty open near 15700 you can .. take a buy trade near .. 15700 and for targets .. 15750 -15800
Buy Near 15700. target 15750-15800
Scenario -2 if nifty opens gap up near 15800 wait for some time and if it does not sustain 15800 you can short nifty for the target 15750 and 15700 in downside .
Sell near 15800 Target 15750-15700
Scenario -3 if nifty opens gap down below 15700 wait for some time and if it does not sustain 15700 and you can short nifty for the target 15650 and 15600 in downside.
Sell near 15700 Target 15650-15600
Disclaimer:-This all analysis I have done with my experience and my knowledge. I may be wrong or right so try to do your own analysis also for better clarification. The stock market is very risky, it may give you losses also so I will not be responsible for your losses.
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