Nifty
Patterns formed on the Chart
1- Head & Shoulder Pattern.
2- Bullish Pennant.
Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250
Resistance:
1- 24450
2- 24860
3- 25050.
Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.
Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.
1- Head & Shoulder Pattern.
2- Bullish Pennant.
Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250
Resistance:
1- 24450
2- 24860
3- 25050.
Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.
Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.
Disclaimer:
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
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.
Disclaimer:
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
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.