Currently Nifty following head & shoulders chart pattern with minor and major time frame. The availability of ascending triangle in minor time frame once break will hit minor support level 10333. If upcoming market sentiments are good, then bounce back possible from support level
10333 to 10850 to 11150 otherwise will touch 9920-9850 level.
Indices and stocks having more volatility that the reason choppy market and more chances go down with break major trend line.
Resistance levels are:
10877 10976 11053 11130 11239 11378
Support levels are:
10669 10636 10577 10478 10402 10325
Upcoming levels & scenario will update
Stock market is subject to market risk. This analysis is education purpose only.
Its opinion, buy-sell it’s your choice.