Indice NIFTY 50Mis à jour NIFTY-- Resistance Becomes Support ??
The NIFTY index again broken the ATH...
multiple times break out above ATH and it's reversal....
so what happens in nifty is...the trend is bullish to Sideways...
it is also moves in a channel...
price faced resistance multiple times @19500-19520 zone...
if tomorrow price acts as a support...it again moves up...
if price again falls below price is continue its movement upto the trendline...
we have trendline support as well...until price breaks this trendline will be on the buy side...
if trendline failed to acts as support,the same zone is acts as resistance...
sellers takes price again to bottom side...
All this is pre and post market analysis...we cannot assume anything what happens...
will see on live market what's happening...
If this post is helpful please give me a like...
thank you guys for supporting me...
multiple times break out above ATH and it's reversal....
so what happens in nifty is...the trend is bullish to Sideways...
it is also moves in a channel...
price faced resistance multiple times @19500-19520 zone...
if tomorrow price acts as a support...it again moves up...
if price again falls below price is continue its movement upto the trendline...
we have trendline support as well...until price breaks this trendline will be on the buy side...
if trendline failed to acts as support,the same zone is acts as resistance...
sellers takes price again to bottom side...
All this is pre and post market analysis...we cannot assume anything what happens...
will see on live market what's happening...
If this post is helpful please give me a like...
thank you guys for supporting me...
Note
Note
Price has taken the support and moves up...
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
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Publications connexes
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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.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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.