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Wealthcam
Mar 18, 2024 2:54 AM

NIFTY looks weak below this level !! 

Nifty 50 IndexNSE

Description

As we can see Nifty finally broke below the rising channel pattern and had been weak ever since. We can see Nifty getting continuous rejection at higher levels showing its weakness. Now the only important SUPPORT we can see is 21800 wherein any signs of rejection could be a good buy but if it fails to take support at given level then we may see another panic in the market leading to bigger correction so plan your trades accordingly. As of now our view is sideways to negative .
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