Nifty Daily(11-03-2019)




#Nifty

For 11-03-2019
Support for Nifty comes at 11020-10987-10930
Resistance for Nifty comes at 11089-11118-11200


Bearish set up has been made on daily charts. Confirmation will come only below 10820 which is still 200 points away so for as of now my targets on downside is limited to 10820 and only below 10820 we can expect a re-test to two times support level of 10585. And break below 10580 we are straight heading to 10000.
But at one time only one target which is right now is 10820.

Disclosure: I do not hold any position in Nifty Futures but holding some options in Nifty and Nifty stocks.

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