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PrashantBhiwaniwala

Nifty Spot - 18.08.2022

Nifty 50 Index (NSE:NIFTY)  
PrashantBhiwaniwala  
NSE:NIFTY   Nifty 50 Index
Chart Patterns Beyond Technical Analysis Trend Analysis nifty50 niftyanalysis niftytrend NIFTY niftyindia niftyprediction niftyview niftytradesetup
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chartpattern beyondta trendanalysis nifty50 niftyanalysis niftytrend nifty niftyindia niftyprediction niftyview niftytradesetup
Nifty Spot - 18.08.2022

The Index is trading @ 17956 levels

There is a STRONG RESISTANCE @ 18080 levels, recent high is 18113

There is a STRONG SUPPORT @ 17600 levels

The immediate support is 17800

There is a MACD Bearish Divergence in Daily Chart, let the prices go below 17820, one can initiate a SHORT POSITION in Nifty with stoploss @ 17990 levels

Waiting for confirmation

Watch out

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