3. Final Nifty Analysis -
1. Major Support - 17400 zone.
Major Resistance - 18000, 18340, 18600.
2. Past Trend - Up, correction is going on and it is deep with multiple legs, 2
3. Strength/Weakness - current strength is in down as shown by last fall from 18340 to 17613, in fact this down move was stronger than before.
4. Future Trend -
a. strength -> is in Down
b. Correction going on,
Conclusion - i expect another down move
breaking 17613. Next major support 17400.
5. I will be proven wrong if this breaks 18342 with strength in coming days, will update analysis then.
1. Major Support - 17400 zone.
Major Resistance - 18000, 18340, 18600.
2. Past Trend - Up, correction is going on and it is deep with multiple legs, 2
3. Strength/Weakness - current strength is in down as shown by last fall from 18340 to 17613, in fact this down move was stronger than before.
4. Future Trend -
a. strength -> is in Down
b. Correction going on,
Conclusion - i expect another down move
breaking 17613. Next major support 17400.
5. I will be proven wrong if this breaks 18342 with strength in coming days, will update analysis then.
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Publications connexes
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.