TradingView
wolverineisbest
Sep 10, 2021 5:18 PM

Nifty is consolidation zone 

Nifty 50 IndexNSE

Description

By seeing previous day data it seem nifty will consolidate for some time now as its major resistance will be @17450 and major support is around 17200 if nifty break 17450 level my next target will be 17800 as if you go to daily time frame whenever nifty given breakout its make straight bullish candle for 2 days ( back-test these if you need conformation)
As if market bull run stop here nifty have to break 16800 level for me by these
Give me your suggestion how more time will these bull run continue ?
Comments
aqhilkumarm
global indices are all down... hence nifty will give a breakdown to 16800
wolverineisbest
@aqhilkumarm, if you are thinking about us market fall than don't worry write know it may bounce from 34500 if it doesnt than we can say it effects our market to
More