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Nifty 50 Index
Updated

Nifty Analysis

100
Nifty has reversed from the lows with good momentum and broke out the Descending Channel. After the breakout the momentum is still Bullish, however index made a Gap of 200 points between 16-17Mar, possibilities are that this gap will get filled in upcoming sessions. Now talking on Support the 1st zone which can give Nifty a cushion is 16800 while 2nd support will come at 16350, On higher levels Index can see resistance at 17450, 17660 & 18180.
Note
Nifty kissed 17450 today and reversed from there .. lets see what lies ahead
karan_bagri
Also on:
breakoutBullish PatternsChart PatternsDescending TriangleNIFTYnifty50niftyanalysisniftytrendParallel ChannelTrend Analysis

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breakoutBullish PatternsChart PatternsDescending TriangleNIFTYnifty50niftyanalysisniftytrendParallel ChannelTrend Analysis
karan_bagri
Also on:

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.