Technical Analysis For Nifty Today 12-07-2019 23:00:04
In 1 hour chart Nifty price continues to trade at 11546.7 and below the (Exponential Moving Average)EMA200 value of and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below
However, if Nifty continues to trade below level, that could be an extraordinarily Bearish sign for Nifty
Even so, the 200-candle Exponential moving average (EMA) price range of is proving a tough nut to crack.
Pivot (invalidation): 11571.1
Our preference: Long positions above 11613.8
Alternative scenario: Below 11537.1 look for further downside.
Support Resistance Levels For Nifty Today at 12-07-2019 23:00:04
Pivot: 11571.1
Resistance 1: 11613.8
Resistance 2: 11647.8
Resistance 3: 11690.5
Support 1: 11537.1
Support 2: 11494.4
Support 3: 11460.4
Yesterday High Low Close For Nifty
Yesterday High: 11605
Yesterday Low: 11528.3
Yesterday Close: 11579.9
Today at 12-07-2019 23:00:04 Nifty trading at 11546.7 with high of 11640.5 and low of 11530
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