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S&P CNX NIFTY INDEX FUTURES
Long

Will nifty take support from current level ?

46
Nifty may take support from current level,
because it is trading at confluence of:

1. support zone
2. Trendline support
3. oversold stochastic oscillator

we need evidence of demand to enter in long trade,
a bullish candle.

Note : only for learning, not a trading tip.
pankaj1614312
Also on:
Chart PatternsTechnical IndicatorsNIFTYniftyanalysisoversoldstochasticoscillatorsupportsupportzonestrendanalyisisTrend Analysistrendlinebouncetrendtrading

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.
Chart PatternsTechnical IndicatorsNIFTYniftyanalysisoversoldstochasticoscillatorsupportsupportzonestrendanalyisisTrend Analysistrendlinebouncetrendtrading
pankaj1614312
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.