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Stocklinedirect
Jan 30, 2021 10:28 AM

NIFTY WEAK ON CHART, CONVERGENCE SPOTTED ON HOURLY CHART 

Nifty 50 IndexNSE

Description

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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