Technical Analysis For Nifty Today 17-07-2019 22:00:04
In 1 hour chart Nifty price continues to trade at 11678.3 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): 11632.8
Our preference: Long positions above 11694.6
Alternative scenario: Below 11597 look for further downside.
Support Resistance Levels For Nifty Today at 17-07-2019 22:00:04
Pivot: 11632.8
Resistance 1: 11694.6
Resistance 2: 11730.4
Resistance 3: 11792.2
Support 1: 11597
Support 2: 11535.2
Support 3: 11499.4
Yesterday High Low Close For Nifty
Yesterday High: 11668.5
Yesterday Low: 11571
Yesterday Close: 11658.8
Today at 17-07-2019 22:00:04 Nifty trading at 11678.3 with high of 11693.3 and low of 11644
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