Nifty 50 IndexUpdated NIFTY TREND ANALYSIS -- SEPT 2023 -
NIFTY --Technical trend analysis -- SEPT 2023
A. As seen on chart - 4 hours , seen double bottom consecutive support at 19250 level
B . Trendline resistance level seen at 19430-19450 level, near closing seen last trading session .
C. Falling Trendline breakout above 19450 on hourly candle, can see next target 19600-19800
D. Breakdown bellow 19230 double bottom support , if hourly candle close bellow 19230 , we can see downside target 18800 .
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk .!
HAPPY TRADING .!!
A. As seen on chart - 4 hours , seen double bottom consecutive support at 19250 level
B . Trendline resistance level seen at 19430-19450 level, near closing seen last trading session .
C. Falling Trendline breakout above 19450 on hourly candle, can see next target 19600-19800
D. Breakdown bellow 19230 double bottom support , if hourly candle close bellow 19230 , we can see downside target 18800 .
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk .!
HAPPY TRADING .!!
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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.