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CHANA Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
CHANA (EXP 18 Jan 2019) CMP-4552 currently in down side in intraday. It is likely to test support 4511.30 / 4470.65 / 4408.30. If it breaks above 4573.65 with volume then it may test upperside resistance, such as 4614.30 / 4676.65 / 4717.30.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 4717.30
R3 4676.65
R2 4614.30
R1 4594.00
PP 4573.65
S1 4542.50
S2 4511.30
S3 4470.65
S4 4408.30
Last Day High 4636
Last Day Low 4533
Last Day Close 4552
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)