absu21

Nifty 50 nose Dive and PRZ in Daily Chart

absu21 Updated   
NSE:NIFTY   Nifty 50 Index
This is a longterm analysis which is on the basis of the harmonic study.



As per this study, 14750 will be the strongest resistance as of now.

The parallel channel is showing the dynamic resistance of the index.



As per the pattern, it has clearly shown the Price reversal Zone will be near 7250. All the stats are as per the EOD basis.

In another way, this chart is the prediction of the upcoming economic situations in the global and India economy.

We can track the present scenario and understand the movement. Request you all to comment on the discussion...

Trade closed manually: Resistance Broken 14753

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.