Technical View | Nifty forms bearish candle, experts see more weakness ahead
The options data indicated that 19,800-20,000 can be the resistance area, while support may be at 19,500 mark
Source: moneycontrol.com
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Technical View | More weakness likely if Nifty breaks 19,900; caution rules ahead of Fed meet outcome
If the index fails to hold 19,900 in coming sessions, then the fall can be extended towards 20-day EMA, whereas the resistance remains at 20,000-20,200 levels, experts said.
Source: moneycontrol.com
Technical View | Nifty retreats from historic high, consolidation may continue with support at 20,000
The Option data indicated that 20,200 is expected to be an immediate resistance for the index, while 20,000-19,900 is likely to be support area
Source: moneycontrol.com
Technical View: Strong possibility of Nifty moving towards 20,500 seen, provided it holds 20K
The above Option data suggested that 20,500 can be seen on the Nifty50, with support at 20,000 mark
Source: moneycontrol.com
Technical View: Nifty may consolidate further if unable to decisively surpass 20,200
The Option data suggested that 20,100 is expected to be crucial level for the market direction on either side of trade, with immediate support at 20,000-19,900 levels
Source: moneycontrol.com