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simplyansh

NIFTY Daily Analysis - 6thJul2022 - Looks Strong!

Panjang
Indeks Nifty 50 (NSE:NIFTY)  
simplyansh  
NSE:NIFTY   Indeks Nifty 50
Supply and Demand Support and Resistance Trend Lines NIFTY nifty50 niftyanalysis niftytrend niftyprediction niftyview niftyindia indianstockmarket niftytradesetup
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supplyanddemand supportandresistance trendline nifty nifty50 niftyanalysis niftytrend niftyprediction niftyview niftyindia indianstockmarket niftytradesetup
Hi Traders,

NIFTY looks strong, faces a resistance at 16000 levels.
But looking at the momentum and if the news is positive from US and Crude oil continues to stays around 100$ then we might see a good Upmove from here.

There is a Gap between 16025 - 16170 in NIFTY which might get filled up pretty soon maybe tomorrow or day after looking at the Price Action. NIFTY can also open Gap Up to directly 16170 levels.

On DOWNSIDE, we've good Demand zone between 15900 - 15925 which can act as a Strong Support.


Regards,
Anshul.
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