This is the daily timeframe chart of Nifty 50.
Nifty 50 is sustaining above the LOP support zone around 24,400–24,500. The index has formed an ascending broadening wedge pattern at this support and appears to be completing the last leg of the structure.
Support Zone: 24,500–24,550
Resistance Zone: 25,600–25,800
If the support zone holds, we may see higher prices in Nifty 50 in the coming sessions.
Thank you.
Nifty 50 is sustaining above the LOP support zone around 24,400–24,500. The index has formed an ascending broadening wedge pattern at this support and appears to be completing the last leg of the structure.
Support Zone: 24,500–24,550
Resistance Zone: 25,600–25,800
If the support zone holds, we may see higher prices in Nifty 50 in the coming sessions.
Thank you.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.