Wealthcam

Fall started exact from the trendline!!

NSE:NIFTY   Indice NIFTY 50
As we can see despite a strong recovery after a weak opening, NIFTY reached the trendline and started to get rejected exactly from our given levels and lines. This shows as long as NIFTY maintains itself below the given trendline it should be a sell on rise and hence looking at a bigger holistic view! we can see NIFTY getting weak dragging all midcaps along with it. Further this 200 point unidirectional fall could just be a starting for a bigger downfall filling all the gaps created till 18900-19000 levels which is also a psychological level

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.