Weekly Chart of Nifty 50 Index
On weekly chart it is seen that the index is forming a Pitchfork pattern and it is trading near to the median of the same. 12250 to 12350 will act as significant resistance. We can see the correction in the index to the levels of 11800 to 11900 in coming weeks. A close above the levels of 12350 will open new targets towards 13000.
For education purpose.
On weekly chart it is seen that the index is forming a Pitchfork pattern and it is trading near to the median of the same. 12250 to 12350 will act as significant resistance. We can see the correction in the index to the levels of 11800 to 11900 in coming weeks. A close above the levels of 12350 will open new targets towards 13000.
For education purpose.