Get started
Wealthcam

NIFTY UNDER PRESSURE??

Nifty 50 Index (NSE:NIFTY)  
Wealthcam  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Support and Resistance Supply and Demand niftytrend niftyanalysis niftytradesetup niftytrendanalysis niftytradingidea niftytrading niftytarget niftytradeidea
2
0
trendanalysis supportandresistance supplyanddemand niftytrend niftyanalysis niftytradesetup niftytrendanalysis niftytradingidea niftytrading niftytarget niftytradeidea
As discussed though NIFTY showed some strength in FIRST but ended up being VOLATILE finally and exact rejections seen from 15900 levels as expected

Now the reason being under pressure as its closing 15830 which is very crucial as we can see NIFTY faced much pressure as BEARS always overpowered BULLS in these levels so it is expected if opened weak we can see sharp 40-60 points fall in first half of nifty before RECOVERING

MO FRESH BUYING RECOMMENDED UNLESS NIFTY BREAKS IT ALL TIME HIGH which is 14900 levels which has been already multiple time tested

New supports being S1 - 15760
S2 -15640
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.