Nifty 50 IndexLong
NIFTY... Can we see a bounce back from the support level?
Updated
Bullish only for the immediate short term. 16000 is a strong resistance.
With the market bubble in place and with Q1 results of most companies missing estimates, the upside seems to be limited.
With the market bubble in place and with Q1 results of most companies missing estimates, the upside seems to be limited.
Trade active
Good bounce as expected. Resistance around 15900-15950 levels.
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.