Nifty
*educational purpose only
This is the 4h chart of Nifty futures. I use 1h, 4h and daily timeframe for safety of my trades.
The chart is clearly in a downtrend. The candles are resisting the vwma indicator. The volume bars are decreasing in size.
I don't think that this is the time to be over-optimistic yet.
Support at 16430 levels
Resistance at 17300 levels
This is the 4h chart of Nifty futures. I use 1h, 4h and daily timeframe for safety of my trades.
The chart is clearly in a downtrend. The candles are resisting the vwma indicator. The volume bars are decreasing in size.
I don't think that this is the time to be over-optimistic yet.
Support at 16430 levels
Resistance at 17300 levels
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