15 min time frame analysis of NIFTY 50 chart
In the chart it has clearly broken the up trend.
it retested 3 times near by at 18091 level and couldn't break the resistance level.....if it breaks this level then it will continue up trend
what may happen see the below👇
consequences :-
1 - if it breaks 17894 a clear fall will be seen .
2 - it may retest at 17990 level then will start falling .
3 - in a gap up opening if it retest at level 18091 and wouldn't break also a big fall can be seen .
thanks every one hope u catch the trend
best of luck
it retested 3 times near by at 18091 level and couldn't break the resistance level.....if it breaks this level then it will continue up trend
what may happen see the below👇
consequences :-
1 - if it breaks 17894 a clear fall will be seen .
2 - it may retest at 17990 level then will start falling .
3 - in a gap up opening if it retest at level 18091 and wouldn't break also a big fall can be seen .
thanks every one hope u catch the trend
best of luck
Comment:
it has taken a support at level 17802
Comment:
couldn't sustain at resistance level of 17894