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be_you_akshay
Dec 26, 2021 11:24 AM

NIFTY 50 

Nifty 50 IndexNSE

Description

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

Comment

Had a run above 17109. Still more to do till 17400-17450 then again correction

Trade closed: target reached

Target done - Now we may see correction phase.
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