As discussed from 29th may report and every report that 8250-8260-8270 is the
cluster Resistance and 8320 is the PRZ(Potential Reversal Zone).
Nifty has been made lot of attempt to cross the cluster Resistance but unable do,
so that cluster resistance is not a big deal now as that cluster resistance validity
has been expired .
As discussed in last two report that close watch on 8210 level as this level is now act as
balance point and to and fro price to upper side 8320/8420 , lower side 8120/8030/7992
to complete rotation.
To remain in bullish trend nifty should respect 8120 strictly on EOD basis.Below that
it weaken further to 8030/7992.
Wait........Watch........... cross.......
Note-Educational Purpose only.Read Disclaimer.
cluster Resistance and 8320 is the PRZ(Potential Reversal Zone).
Nifty has been made lot of attempt to cross the cluster Resistance but unable do,
so that cluster resistance is not a big deal now as that cluster resistance validity
has been expired .
As discussed in last two report that close watch on 8210 level as this level is now act as
balance point and to and fro price to upper side 8320/8420 , lower side 8120/8030/7992
to complete rotation.
To remain in bullish trend nifty should respect 8120 strictly on EOD basis.Below that
it weaken further to 8030/7992.
Wait........Watch........... cross.......
Note-Educational Purpose only.Read Disclaimer.
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