Treasure Hunting Map ( Nifty ) - 19th

Hello Pirates

Nifty is showing volatile sessions and not able to pass by the gates at 5085 levels for a target of 5110 and attempt to cross 5125 for 5200 levels, nifty is trading in a range bound situation and on the downside if we see this week we have support at 5030 and 5110 levels and on the upside we are not able to cross 5065 - 5090 levels for further moves, so the range comes out to be 5110 - 5090, and any side brake out would lead to a run in the market and markets direction would be taken and the winner will be decided.

As we had said we are positive and neutral for the markets today, despite of Asian markets trading in red we had been trading in green for a long time and in the end of the day we showed a neutral closing for the session.

For the session, we have to have close eyes on 5090 and 5110 levels any side brake out would lead to short covering or panic in the market and we can see a big move in the market.

Treasure Hunting for the session can be as follows : -

Buy Nifty above 5060 - 5067 - 5075 - 5085 - 5096 - 5104 - 5112 SL - 5045

SellNifty below 5030 - 5020 - 5008 - 5000 - 4985 - 4975 - 4960 SL - 5055

Magic Levels for Long Side above 5075 - 5044 & Short Side below 5065 - 5034

Nifty Resistance : - 5058 - 5061 - 5075 - 5095
Nifty Support : - 5049 - 5040 -5029 - 5019

We would like to wish all the Pirates a very all the BEST.

Disclaimer : -

The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.

Regards

Treasure Captain

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