Nifty 50 IndexLong
15 min time frame analysis of NIFTY 50 chart
Updated
In a previous analysis I have given few consequences which may happen in Tuesday session market being said . Market opened with a gap up and after showing some indecisiveness in at market it touches its resistance level at 17341 already notified by me in previous idea comment session .
- You can see after making a flag it went up from level 17171 .
- After the 100+ points at level 17218 gave a break out .
- another break out after making another flag at level 17296 .
- above two flags made a confirmation of bullish market .
- After breaking resistance level of 17341 it it will work like a support .and move towards 17441/17498 .
- best of luck .
- You can see after making a flag it went up from level 17171 .
- After the 100+ points at level 17218 gave a break out .
- another break out after making another flag at level 17296 .
- above two flags made a confirmation of bullish market .
- After breaking resistance level of 17341 it it will work like a support .and move towards 17441/17498 .
- best of luck .
Note
give stop loss at level 17281Note
GAP UP OPENING CHANCESNote
MAY TOUCH 17565 TO 17605 LEVELNote
now at a resisitance level of 17498
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