Dear Friends, hope you are healthy and becoming wealthy 🙏
As updated in my recent Ideas on trading view,: The nifty have been making a pattern and in downtrend channel.
Today 5th August 2025: it's open = high and from the opening level it went down,
Weekly charts also shows weakness. Stay cautious while making a position.
Overall weakness can be seen at the charts-
It's major levels are:
Support 24360
Resistance 24980
👉It's only for learning purpose, before making any position please consult your investment advisor.
As updated in my recent Ideas on trading view,: The nifty have been making a pattern and in downtrend channel.
Today 5th August 2025: it's open = high and from the opening level it went down,
Weekly charts also shows weakness. Stay cautious while making a position.
Overall weakness can be seen at the charts-
It's major levels are:
Support 24360
Resistance 24980
👉It's only for learning purpose, before making any position please consult your investment advisor.
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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.
Related publications
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.