PrachiMetha

Trend analysis of $NSE:NIFTY Spot

NSE:NIFTY   Nifty 50 Index
Dear Followers,


I hope this message finds you well. I wanted to provide you with a brief update on the NIFTY I have been monitoring.

It appears that the stock is approaching a potential resistance level Near 19750-70 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 19300 In Downmove.


Resistance Levels to Watch out.


R1= 19760
R2= 19850
R3= 19980

Support Levels To Watchout.

S1= 19500
S2= 19250
S3= 19020




As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.

Best regards,
Ajay Metha

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