Indice NIFTY 50

Nifty

46
Patterns formed on the Chart

1- Head & Shoulder Pattern.
2- Bullish Pennant.

Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250

Resistance:
1- 24450
2- 24860
3- 25050.

Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.

Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.

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