NeeteshJain

NIFTY FILLING PREVIOUS GAP

NeeteshJain Pro+ Updated   
NSE:NIFTY   Nifty 50 Index
It is been observed on the hourly chart that the price action went up sharply to cover and fill previous gap down levels at 7970-80 levels and now facing resistance at current levels. If it closes above the resistance levels or the Gap levels then it may further go up or if it closes 7950 levels then it shall again go further down.
Comment: It did move up after crossing gap zone as said and marked above.


Regards
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.