Nifty is showing short covering from oversold zone.
Closed below fake levels at 24779.
possible to open flat near 24779.
24779 will act as today’s important level.
Sustaining above 24799 signals bullish buyes active.
First upside level is 24860 (breakout).
Above 24860, next level is 24950 and 24983.
Failure to hold 24779 shifts buyers to bearish.
Watch for bearish bb pattern in 15m chart.
Breakdown may test 24643 first support.
Below 24643, next support is 24560.
Strong support at 24485.
Bullish trades valid only above 24779.
Bearish trades valid below 24779.
Focus on small scalping trades.
Wait for clear pattern confirmation before entry.
Closed below fake levels at 24779.
possible to open flat near 24779.
24779 will act as today’s important level.
Sustaining above 24799 signals bullish buyes active.
First upside level is 24860 (breakout).
Above 24860, next level is 24950 and 24983.
Failure to hold 24779 shifts buyers to bearish.
Watch for bearish bb pattern in 15m chart.
Breakdown may test 24643 first support.
Below 24643, next support is 24560.
Strong support at 24485.
Bullish trades valid only above 24779.
Bearish trades valid below 24779.
Focus on small scalping trades.
Wait for clear pattern confirmation before entry.
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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.