Nifty Weekly Analysis for Jun 12 - 16
🔍 Analysis on Nifty for the Upcoming Week 🔮
Jun 12 - 16
The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure.
📈 Key Levels to Monitor:
In the upcoming week, it's important to monitor key levels 18250, 18530, 18535, 18660, 18775, & 18885.
🔎My outlook:
The outlook for the upcoming week’s trading suggests a non-directional market, potentially characterized by a sideways pattern.
📈 Bullish Scenario:
If Nifty breaks out above the significant level of 18780, supported by a strong and clear daily candle, it could indicate a bullish market trend.
📉 Bearish Scenario:
However, if Nifty breaks down below 18530, confirmed by a strong and clear daily candle, it may signal a decline towards the 18250 level.
📊 Support Level:
As long as Nifty sustains above the support level of 18530, the market can be viewed as bullish.
Jun 12 - 16
The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure.
📈 Key Levels to Monitor:
In the upcoming week, it's important to monitor key levels 18250, 18530, 18535, 18660, 18775, & 18885.
🔎My outlook:
The outlook for the upcoming week’s trading suggests a non-directional market, potentially characterized by a sideways pattern.
📈 Bullish Scenario:
If Nifty breaks out above the significant level of 18780, supported by a strong and clear daily candle, it could indicate a bullish market trend.
📉 Bearish Scenario:
However, if Nifty breaks down below 18530, confirmed by a strong and clear daily candle, it may signal a decline towards the 18250 level.
📊 Support Level:
As long as Nifty sustains above the support level of 18530, the market can be viewed as bullish.
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.
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.