nifty 50 0n 12 Sep 2024

Price broke the trend line and fall down nicely and now it is testing the support.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 24940.
Stop Loss : 24900.
Targets : 24980, 25020, 25060 and 25120.

Sell below : 24860.
Stop Loss : 24900.
Targets : 24820, 24780, 24740 and 24700.
Nifty Support and Resistance levels

wait for confirmation on resistance and support for rejection or breakout(breakdowns) to take entries.

Targets can be reversal points in that case play towards next support or resistance based on levels.
Chart PatternsTrend Analysis

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