NIFTY 50 WEEKLY VIEW
Nifty 50 Daily View : Buy on dips
- Supply and Demand Zones highlighted in green and red respectively
- Pullback possible given the higher than expected US CPI data, suggesting a potential 100bps rate hike. (75bps factored?)
- However, the weekly flag pattern observed is extremely bullish and looks to be on the cusp of a breakout or it could be a fakeout :P
- NIFTY50 target for YE2022: If the flag holds we would see 21000 else some more consolidation in the 19K-16K range.
- Supply and Demand Zones highlighted in green and red respectively
- Pullback possible given the higher than expected US CPI data, suggesting a potential 100bps rate hike. (75bps factored?)
- However, the weekly flag pattern observed is extremely bullish and looks to be on the cusp of a breakout or it could be a fakeout :P
- NIFTY50 target for YE2022: If the flag holds we would see 21000 else some more consolidation in the 19K-16K range.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.