Technical Analysis For Nifty Today 14-08-2019 22:00:04


In 1 hour chart Nifty price continues to trade at 11012 and below the (Exponential Moving Average)EMA200 value of 11271.2 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 11271.2 is proving a tough nut to crack.

Pivot (invalidation): 10987.3

Our preference: Long positions above 11064.6

Alternative scenario: Below 10840.7 look for further downside.

Support Resistance Levels For Nifty Today at 14-08-2019 22:00:04

Pivot: 10987.3

Resistance 1: 11064.6

Resistance 2: 11211.2

Resistance 3: 11288.5

Support 1: 10840.7

Support 2: 10763.4

Support 3: 10616.8

Yesterday High Low Close For Nifty

Yesterday High: 11134

Yesterday Low: 10910.1

Yesterday Close: 10917.9

Today at 14-08-2019 22:00:04 Nifty trading at 11012 with high of 11098.2 and low of 10937

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