Nifty may start on muted note tracking GIFT NIFTY and global cues. Green candle was formed in yesterday and snapped three days losing streak by short covering ahead of Fed decision later on Wednesday. Nifty may retest the lower neckline of descending triangle around 24900 levels where nifty has broken the pattern So traders can initiated short positions in the nifty around that level and keep maintain strict stop losses.
Support level : 24770,24715
Resistance levels : 24886,24940
Disclimer : I AM NOT A SEBI RESEARCH ANALYST OR FINANCIAL ADVISOR, these recommendations are only for education purpose, not for trading and investment purpose please take an advise from your financial advisor before investing on my recommendations.
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Support level : 24770,24715
Resistance levels : 24886,24940
Disclimer : I AM NOT A SEBI RESEARCH ANALYST OR FINANCIAL ADVISOR, these recommendations are only for education purpose, not for trading and investment purpose please take an advise from your financial advisor before investing on my recommendations.
🙏 : If you liked my content please suggest to your friends follow my trading channel. Your likes and comments provide boosting to me to update more financial information.
Thanking you
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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.
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.