NSE:NIFTY   Nifty 50 Index
NIFTY 50

As here we can see a big consolidation for fresh breakdown on 15 min chart

* 1st Consolidation - 17600 -17500
Long consolidation breakdown or breakout is always Big as we can between 17600 and 17500

* 2nd Consolidation- 17485 to 17425
Then it breakdown from the level of 17425, entering new range of 17341 - 17250

Decisions may be made on this range breakout or Breakdown


This chart is only for educational purpose do your own study before entering into any trade.

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.