โ
Market Trend Indicator is still Green, meaning the market is currently in accumulation mode.
๐ Key Observations:
A gap imbalance exists between 24,732 โ 24,713 โ This will act as the last support for Nifty50.
As long as 25,150 holds, the market has strength to move upside towards 25,600 โ 25,900.
Weekly candle is also highlighting the same last gap imbalance at 24,732.
Monthly candle was bullish but could not capture the upside liquidity at 25,600 (previous candle level).
๐ Outlook:
๐น Maximum chances for next month bullish continuation towards 25,600+.
๐ Hashtag: #๐ง๐ฟ๐๐ฒ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐ถ๐ผ๐ป๐๐ญ
๐ Key Observations:
A gap imbalance exists between 24,732 โ 24,713 โ This will act as the last support for Nifty50.
As long as 25,150 holds, the market has strength to move upside towards 25,600 โ 25,900.
Weekly candle is also highlighting the same last gap imbalance at 24,732.
Monthly candle was bullish but could not capture the upside liquidity at 25,600 (previous candle level).
๐ Outlook:
๐น Maximum chances for next month bullish continuation towards 25,600+.
๐ Hashtag: #๐ง๐ฟ๐๐ฒ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐ถ๐ผ๐ป๐๐ญ
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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.
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.