Get started
We_Learn_Investing

Nifty is now at Base area.

Nifty 50 Index (NSE:NIFTY)  
We_Learn_Investing Updated   
NSE:NIFTY   Nifty 50 Index
Support and Resistance
1
0
supportandresistance
Very interesting Nifty daily chart here -

  • Nifty is making a broadening Tringle pattern and now at the support (base) area.
  • Bounced back from 200EMA as it makes support, which is very very strong support.
  • If it further fail and can not hold then it could be dangerous.
Comment:
Nifty has moved faster than expected

Related Ideas

We_Learn_Investing
Pullback Trade in Global Health Ltd (MEDANTA)
We_Learn_Investing
Breakout in DivisLab
We_Learn_Investing
Momentum in Finolex Cables (FINCABLES)
We_Learn_Investing
Breakout in IRB Infrastructure
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.