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akshaybothra
Jan 15, 2021 11:25 AM

Nifty50 Index Analysis - Breakout or Consolidation ?? Short

Nifty 50 IndexNSE

Description

Explanation in Chart. If breaks downwards medium resistance at 14000. 200EMA at 13900. Strong resistance at 13800. It can also consolidate if sustains current levels and any positive news might create new highs.

Comment

also 8EMA breaking 20EMA downwards.

Comment

error in typing. it is support not resistance.
Comments
kailasechale
If breaks downwards medium resistance at 14000 i think resistance at 14000 wrong word support bolo bahi
akshaybothra
@kailasechale, my bad, error, yes support not resistance.
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