mysteryoffinance

Nifty 50- Analysis 26-04-2022- 15700 Resistance Level

Short
NSE:NIFTY   Nifty 50 Index
15700 - Resistance level,
Head & Shoulder Pattern - May see a deep correction from Here.
The 1-2 days gain can be a trap as FII is continuously selling. (Jun - ~50K Cr till current day, highest ever monthly)
Below 14500 - we can say nifty has formed bottom, not now.

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.