Technical Analysis For Nifty Today 15-07-2019 14:00:03

by wealthmann

July 15, 2019

82

In 1 hour chart Nifty price continues to trade at 11553 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): 11572.4

Our preference: Long positions above 11614.8

Alternative scenario: Below 11504.3 look for further downside.

Support Resistance Levels For Nifty Today at 15-07-2019 14:00:03

Pivot: 11572.4

Resistance 1: 11614.8

Resistance 2: 11683

Resistance 3: 11725.4

Support 1: 11504.3

Support 2: 11461.9

Support 3: 11393.7

Yesterday High Low Close For Nifty

Yesterday High: 11640.5

Yesterday Low: 11530

Yesterday Close: 11546.7

Today at 15-07-2019 14:00:03 Nifty trading at 11553 with high of 11599.7 and low of 11515