Nifty_28-05-2020

#Nifty

For 28-05-2020

Support for Nifty comes at 9281-9204-9127
Resistance for Nifty comes at  9365-9415-9475

BankNifty
Support for BankNifty comes at 18567-18378-18000
Resistance for BankNifty comes at 18874-19200-19354

Nifty my stop loss of sell triggered.
Nifty now trading above 9250 so now Instead of sell on rise it is now buy on dips till 9175 holding. The probable targets on upside can be 9400-9475.
For tomorrow any dips to 9250 can be bought with SL of 9200-9175.
If Nifty trades below 9175 then today's move was a false move.
Nifty close below 9175 will become sell again.

BankNifty also sell stop loss triggered and it saved me from another 1000 points.
BankNifty needs to close above 18900 to be positive.
For tomorrow BankNifty can be bought on dips to 18500-18300 with a SL of 18000 for target of 18700-18900 again.

Comments