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PriceAct-fugazitrader
Apr 17, 2021 7:20 AM

View on NIFTY 

Nifty 50 IndexNSE

Description

➡ Nifty took support from the demand zone
➡ "Bullish Harami" has formed above the support
➡ Right now Nifty at a correction phase
➡ Nifty needs to break the channel to go up
➡ Due to Covid situation Nifty showing some weakness
➡ Hence, Nifty may fall

⚪ NIfty needs to close above 14938 to go up further
⚪ 14281 is a strong support
⚪ If it closes below 14281 next support will be at 13760


🔴 DISCLAIMER : This is just for educational purpose....

Comment

channel breakout is done
Comments
mcpriceaction
nifty is not looking to go down, only issue is corona case. good support and resistance pick up.
PriceAct-fugazitrader
@mcpriceaction, That's what I have mentioned too...
mcpriceaction
@PriceAct-fugazitrader, thanks and very good analysis
PriceAct-fugazitrader
@mcpriceaction, Well thak you...
mcpriceaction
@PriceAct-fugazitrader, YOU CAN HAVE A LOOK OF ADANI ENT OF MY IDEA AND HDFC ALSO , YOUR EXPERINACED COMMENTS ALWYAS WELCOME😎😎
superdragonball4356
global cues are positives, Indian markets don't seem to fall unlikely, although on previous Mondays it drastically falls with high numbers, nifty will move up with little consolidations.
PriceAct-fugazitrader
@superdragonball4356, rightly said
superdragonball4356
@PriceAct-fugazitrader, anyhow nifty will touch 14900, and maybe it's his last resistance it will not break through that. That's what i think
PriceAct-fugazitrader
Kakerot
this is three white soldier not bullish harami
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