Nifty 50 IndexEducation
NIFTY 50
Updated
• Weekly chart - There were price rejection from 9540 to 9973
• Daily chart - Long bullish marubozu candle from Support level 9540 to near the psychological resistance level (10000).
• In 1hr- After giving the target of Head and Shoulder Pattern, Now the market re-enter in to the Flag pattern.
• The Market at important resistance Leve-10000
• Break-Out may lead the market
• For Upside Move-10140 & 10270 act as Resistance
• For Downside Move -9800 & 9550 act as Support.
• Daily chart - Long bullish marubozu candle from Support level 9540 to near the psychological resistance level (10000).
• In 1hr- After giving the target of Head and Shoulder Pattern, Now the market re-enter in to the Flag pattern.
• The Market at important resistance Leve-10000
• Break-Out may lead the market
• For Upside Move-10140 & 10270 act as Resistance
• For Downside Move -9800 & 9550 act as Support.
Note
RSI at 50 & 60 level for 1 Hr. & Day chartThis is the level, where the market take turn most-off the time.
Note
Go for Shot SL-9910
TGT-9700
Note
Revise ur SL 9800Trade active
Note
Untill Now an Spike Pattern Visiable in chart.This is Trend Reversial Pattern
More Downside ahead
Note
Book ur GainNote
Expected Sideways in the level 9720 to 9800Trade closed: stop reached
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