Indice NIFTY 50Short
NIFTY - Story of 3 Flags & Key Levels for 22-July
NIFTY in last one week has moved in Flag pattern. Great thing to observe is that all the Flags have moved almost 5%.
Last Flag breakout is complete now as required length of pole move is achieved and coincidently NIFTY is standing at important resistance of 16650.
It will be difficult for NIFTY to break it without any consolidation.
16400 is now strong support for NIFTY.
Extended target for NIFTY if crosses 16650 is 16800.
Thanks
Piyush Gupta
Learn & Earn
Last Flag breakout is complete now as required length of pole move is achieved and coincidently NIFTY is standing at important resistance of 16650.
It will be difficult for NIFTY to break it without any consolidation.
16400 is now strong support for NIFTY.
Extended target for NIFTY if crosses 16650 is 16800.
Thanks
Piyush Gupta
Learn & Earn
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.