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Nifty: Will history repeat itself?
Nifty 50 Index
Nifty: Will history repeat itself?
By indiamarketoutlook
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Jul 9, 2021
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4
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Jul 9, 2021
Nifty
Closing Price 15689
- It was on June 01, 2021, when Nifty had touched the channel top at 15660
- Come July 09, Nifty is back to the same levels, however this time it is at lower end of the same channel
So after a month and 9 days basically, Nifty has been running around just to realize that it still at the same place...🤦♂️😒
- Nifty was in the red yesterday and today it has formed a perfect doji at important channel support levels
- Similar doji candle was observed last Friday, where the lows and closing levels are similar
- Will history repeat itself...Will we see a similar reaction...???
- Monday should be an interesting day of trade
candlestickpattern
Doji
NIFTY
Parallel Channel
tradingview
Trend Analysis
indiamarketoutlook
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