Nifty Live Chart Update 18 April 2022 Nifty Live Chart Update 18 April 2022
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Niftydaylevel
NIFTY DAY TIMEFRAME ANALYSIS. IMPORTANT ZONE TO BE WATCHED.The Reciprocal ABCD pattern formed demand zone has been respected by the market until now. See until the day's end, if this zone is broken, then you can expect a major fall.
I will attach a similar idea on the DJI futures chart here. Please look at both of them to make a decision. Don't just carry a short position beyond today's trading session.
Wait for Monday's price action.
Happy trading :)
This is just for educational purposes.
Will nifty fall today? Get to know moreHi Friends! Good Morning!
> Nifty PCR Below 1. OI support @14500 & resistance @15000
> Major global index are down in Europe and US.
> In the afternoon when Europe opens we may fall with them.
> OI data reveals that sentiment is negative in our market.
> But our trendline worked as support for multiple times. It can work this time also. In that case nifty continues to be inside the triangle pattern.
> Watch for Support and resistance on the chart.
Stay safe!
