Look for short opportunities.
There are 3 levels of resistances drawn.
1st - 23270
2nd - 23600
3rd - 24000
Look for short opportunities at momentum loss at any of these resistance points.
1st - 23270
2nd - 23600
3rd - 24000
Look for short opportunities at momentum loss at any of these resistance points.
Trade active
Currently at 23000. Expect further fall. Look for updates on PM Modi's US visit. It could bring some good news for a temporary upshift. Adani stocks are up today.Trade closed: target reached
Nifty broke down critical support 22800 and currently at 22,553. Still not gaining upward momentum. Can still look for bearish opportunities keeping 22800 as resistance.
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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.