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Nifty 50 Index
Short

Nifty on the verge of breakdown

By nirmalmishra
Nifty seems to be on the verge of breakdown. It is frequently hitting the base of regression channel which is presently placed at about 17100. there is a trend line support at about 16900 and 38 W EMA is placed at 16813. This is the last hope. Rest is detailed at Chart.

Disclaimer : This is for education purpose only.


Chart PatternsTechnical IndicatorsNIFTYnifty50niftyanalysisniftypredictionregressionTrend Analysis
nirmalmishra
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