Nifty 50 Index
Long

My personal view on the Nifty 50 spot 235559.05 by Daily Chart v

*My personal view on the Nifty 50 spot 235559.05 by Daily Chart view*
- 2 nos of Gap Down Openings are closed
- 2 nos of Gap Down Openings will get closed in next ATH creations process
- Most probable Support Zone 23200 to 23350 to anticipate for upside reversal prospective
- Huge Downfall of 04th June, 2024 has closed the past 2 nos Gap Up Opening and 2 nos Gap Down Openings
- *Nifty 50 post hitting the ATH retraced and formed a Bearish Head & Shoulders pattern and pretty much has covered the depth by the neckline*
- *Based on the Technical Chart Setup, we may now anticipate and expect to look forward for an upside reversal to happen from the Support Zone*

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