NIFTY WEEKLY RANGE 13 AUG 2018 TO 17 AUG 2018
Nifty weekly range : Nifty index last week trade in narrow range (136 point). Now we see short term support (demand) at 11200 on weekly basis & 11380 for daily . Crucial resistance (supply) at 11495.00. if nifty index closing above 11495 than move towards 11560-11600 if nifty closing below 11380 then nifty will move toward 11200.
NIFTY SUPPORT : 11380-10200
NIFTY RESISTANCE : 114955-11560
any dip use for long position till 11200 and put the stoploss below 11180 if nifty index close below 11180 on daily chart then exit all longs.
Trade accordingly these levels.
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Note : Above mention price level and other information only for educational purpose only.