Nifty, Most likely a bottom in place

1 févr. 2023

The band of 17300/17100 seem to be a good buying zone.
Has the 50 Wma support @ 17350
Has formed a Divergence in Daily charts

We could have another round of selling before we start the up move.
Above 18050, we get a wedge breakout for targets of 20100

Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.

3 févr. 2023

Note

Levels to watch out for:
17730
17900
18000

If Nifty sustains above these levels, we can see the momentum shift towards upside, and eventually to 20k