there is good support and demand zone on 17700 and 17500, 18000 is resistance. so plz monitor option chain download quantsapp a free tool of open interest is very helpful.it us my study plz like or comment if it is helpful to you thanku
The pattern formed now in Nifty50 on 1D TF is very much similar to the pattern formed back in 2005 in first half.
But in 2005's pattern it was a little bit sideways but the current pattern is formed in strong bullish trend.
Will it form a double bottom pattern just like in 2005 and move up ?
Let's see.
This is my own analysis.
This post is for information purosely only.
My thanks to my masters Trading Panthulu, Day Trader Telugu and Nayan Pokarkar.
Disclaimer: This is only my view and only for educational purpose so please contact your financial adviser before investing your hard earned money.
