5868 is also the weekly value area low and if the 80 % rule plays out it can fetch a trip to atleast 5975.
Here are the charts for today :
Nifty :
Bank Nifty :
Value was created today at 5820-5890-5904 in the Nifty.
It was 12040-12000-11880 in the Bank Nifty.
5850 should support the market on the way down tomorrow with 5810-5820 as important reference levels for tomorrow's action on the downside. Up above it is 5930 and 5975.
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4 comments:
Value :5820-5890-5904 in the Nifty.
At 12040-12000-11880 in the Bank Nifty.
Viren,
The value area for Nifty shld be
VAH - 5904
POC - 5890
VAL - 5828
Thanks & Regards
Sanjay Kr Jaiswal
You are right Sanjay.
I am correcting it below :
Nifty : 5904-5890-5828
BN : 12040-12000-11880
@ Sanjay Kr Jaiswal,
Which software you are using for MA levels?
If Amibroker is used, please forward afl for the same. I am using Ami but not getting same levels in any day. Tried all settings under parameters but in vain. My afl is downloaded from MP classroom link
id: keerthi405@gmail.com
Thanks,
Chandrabose
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