TWT Technical
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Disclaimer: -Our writer is SEBI Registered Research Analyst -We are not responsible for any loss/profit as we are recommending calls for educational purpose. -Anyone doing trade should consult their advisor before entering into it. -Support id @TWTSupp
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*Nifty spot multiple top resistance & supply zone* 22500-22530 bet 6th Mar to 1st Apr 6 times High in this zone & again April Fool high yesterday @ 22529 with open high same
Book profits or Reduce positions & Remain *Cautious longs* any break or close below 22222 in Daily Weekly Monthly this time will create panic selling towards deep 21500_20800
Those who have confidence in market don't forget to hedge with puts to protect ur capital/profits..
Baaki market is Supreme..
Nifty spot broader view
Nifty spot abv 22222 cross & close will open doors for 23430 in medium term charts
Close must in daily, weekly & monthly if this condition implies then 22222_22000 will become strong support
Failing 22222 closing in daily, weekly, monthly requires careful watch & reviews with demand supply zones, for now major support is 21500 recent low with 21100-22222 as nearest supply zone
More Stock/sector specific movement expected
Nifty spot 21780-820 supply zone, jab tak 21820 cross & close nahi hota stay cautious, keep booking some profits
