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NIFTY WEAK ON CHART, CONVERGENCE SPOTTED ON HOURLY CHART

NSE:NIFTY   Nifty 50 Index
NIFTY WEAK ON CHART, CONVERGENCE SPOTTED ON HOURLY TIME FRAME.
Recently Nifty breached all given support and shows weakness on chart.
A short term convergence is seen on hourly time frame,
Next support will be around 13575-13445-13225
and resistance will be around 13740-13955.
One should consider price action and
should not rush to trade.
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Updated on : 30-JAN-2021 3.50 pm
Disclaimer: Only for learning purposes.

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