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Wealthcam
Mar 11, 2024 7:57 PM

NIFTY got rejected exactly as analysed 

Nifty 50 IndexNSE

Description

As we had analysed in our previous analysis that every rise could be a selling opportunity in NIFTY as it has maintained itself in more like an rising wedge pattern which is a bearish pattern hence we may still expect NIFTY to correct taking support at the lower trendline! We can see NIFTY is trading at a SUPPORT hence if NIFTY opens strong then we may see a good recovery else we may see another sideways to negative market so plan your trades accordingly.
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