Technical Analysis For Nifty Today 22-07-2019 17:00:03

In 1 hour chart Nifty price continues to trade at 11352 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 Sell 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): 11492.8

Our preference: Long positions above 11583.6

Alternative scenario: Below 11342.2 look for further downside.

Support Resistance Levels For Nifty Today at 22-07-2019 17:00:03

Pivot: 11492.8

Resistance 1: 11583.6

Resistance 2: 11734.3

Resistance 3: 11825.1

Support 1: 11342.2

Support 2: 11251.4

Support 3: 11100.7

Yesterday High Low Close For Nifty

Yesterday High: 11643.5

Yesterday Low: 11402

Yesterday Close: 11433

Today at 22-07-2019 17:00:03 Nifty trading at 11352 with high of 11394.5 and low of 11312

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