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Nifty 50 Index
Long

Nifty shows reveral candle at 23250 resistence in daily chart

By rs405384

Nifty shows hammer candle in a down trend at a support level 23250 with lower RSI in daily chart. It is also near the monthly support trendline (32000 or 22900). If reversal happen then looking for 23200 or 23800 resistance level
Note
Correction it's not 32000 but 23000 and typo error reveral -> reversal
Chart PatternsTechnical IndicatorsniftypredictionniftytrendTrend Analysis
rs405384

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