NIFTY 50
Updated
NIFTY 50
Chart Study
Support - 16900
Resistance - 17109
Time Frame of Chart - 1 hour
Conclusion - Gap filling red required. If 16900 support broken we can see nifty drag down to red area. 21 EMA trend showing correction phase. If 17109 broken upside on 1 hour chat or 15 min chart we can see upside move on nifty.
This chart is only for educational purpose. Do your own analysis before taking any trade or contact your financial advisor
Chart Study
Support - 16900
Resistance - 17109
Time Frame of Chart - 1 hour
Conclusion - Gap filling red required. If 16900 support broken we can see nifty drag down to red area. 21 EMA trend showing correction phase. If 17109 broken upside on 1 hour chat or 15 min chart we can see upside move on nifty.
This chart is only for educational purpose. Do your own analysis before taking any trade or contact your financial advisor
Note
Had a run above 17109. Still more to do till 17400-17450 then again correctionTrade closed: target reached
Target done - Now we may see correction phase.
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