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Analysis for Newbie's

Analysis for Newbie's

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For people who are learning to trade.

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24200 is a support. We can expect a small pullback.
24200 is a support. We can expect a small pullback.

Nifty - 24280 to 24320 is a support zone. If broken, the price can move towards 24220, 24180 and 24120.
Nifty - 24280 to 24320 is a support zone. If broken, the price can move towards 24220, 24180 and 24120.

Nifty - testing next support.
Nifty - testing next support.

Nifty 24480 - 24520 is a support zone. The price looks bearish.
Nifty 24480 - 24520 is a support zone. The price looks bearish.

Nifty is testing the support zone 24500.
Nifty is testing the support zone 24500.

Nifty - the price took support from 24520 zone. Next resistance is at 24600 - 24620.
Nifty - the price took support from 24520 zone. Next resistance is at 24600 - 24620.

Nifty - should break day's high with strength to move up further.
Nifty - should break day's high with strength to move up further.