Nifty 50 IndexUpdated Nifty 50 - What Next?
The chart is self-explanatory. On daily time frame, the index has formed a head & shoulder pattern. If gives a breakdown, it may come around 24000. If gives a bounce back, we will expect to retest the gap area upside around 25670.
What is your opinion, please share if you wish.
This is only for learning and sharing purposes, not a trading advice in any form.
All the best for your trading journey.
What is your opinion, please share if you wish.
This is only for learning and sharing purposes, not a trading advice in any form.
All the best for your trading journey.
Note
Reached first target of 24375. Let's see ahead.Trade closed: target reached
Target Reached CMP 23996.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.