Nifty Trend Reversal / Resistance
Nifty has taken Support at 200DMA Multiple times from Past Many Years
Currently Trading Below 200DMA, above this Market Will Start Rise Again as The Valuations are Not Expensive PE is 20.5
Also the above trendline has work Like a Resistance For a Short Term !
The Trendline & 200DMA Has came into same point Its a last Time Either Market Will Break Resistance R The Next Fall Will Be Much More Bigger Now, Lets See !
Currently Trading Below 200DMA, above this Market Will Start Rise Again as The Valuations are Not Expensive PE is 20.5
Also the above trendline has work Like a Resistance For a Short Term !
The Trendline & 200DMA Has came into same point Its a last Time Either Market Will Break Resistance R The Next Fall Will Be Much More Bigger Now, Lets See !
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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.