Nifty Spot Daily Chart Analysis
Nifty Spot CMP@25020
Why Averages Play a Very Important Role In Technical Analysis.In Short Term 20& 50 DEMA plays a very Important Role in Uptrend it plays as a crucial Support.
Now Nifty is Hovering around 50 DEMA Placed@25045.Weekly close Below 25000 will be Bearish For Nifty with key Reversal Point@25250.
Closing below 20&50 DEMA Can lead the Nifty Towards 100 DEMA Placed@24430 any Close Below 24430 Can Lead the Nifty Towards 200 DEMA Placed@23325.
The Key Reversal Point Will be Closing Above 25250.
Disclaimer:-This Analysis is only for educational Purpose,Don't Take Any trade based on this Consult ur SEBI registered Advisor for the SAME.
Why Averages Play a Very Important Role In Technical Analysis.In Short Term 20& 50 DEMA plays a very Important Role in Uptrend it plays as a crucial Support.
Now Nifty is Hovering around 50 DEMA Placed@25045.Weekly close Below 25000 will be Bearish For Nifty with key Reversal Point@25250.
Closing below 20&50 DEMA Can lead the Nifty Towards 100 DEMA Placed@24430 any Close Below 24430 Can Lead the Nifty Towards 200 DEMA Placed@23325.
The Key Reversal Point Will be Closing Above 25250.
Disclaimer:-This Analysis is only for educational Purpose,Don't Take Any trade based on this Consult ur SEBI registered Advisor for the SAME.
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.
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.