absu21

Nifty 50 nose Dive and PRZ in Daily Chart

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

Comments

No way
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U say world is going to great depression
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absu21 ashasasi2001
@ashasasi2001, the chart pattern is showing such but the dynamic support is strong and this pattern is valid till it below the resistance i.e 14753 as well as breaks the channel. thanks for your comment...
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