Nifty continued its downward journey yesterday, ending 216 points down. The nearest support zone (daily 22,483 - 22,630) mentioned in the last post was broken, with Nifty making a low of 22,417.
Support Levels:
Near Support: 22,313 (61.8% FIBO level of the last swing)
Far Support Zone (75m): 21,821 - 22,041
Resistance Levels:
Nearest Resistance Zone (15m): 22,568 - 22,602
Far Resistance Zone (125m): 22,710 - 22,802
Support Levels:
Near Support: 22,313 (61.8% FIBO level of the last swing)
Far Support Zone (75m): 21,821 - 22,041
Resistance Levels:
Nearest Resistance Zone (15m): 22,568 - 22,602
Far Resistance Zone (125m): 22,710 - 22,802
