Search in ideas for "NIFTY 50"
Nifty 50Nifty 50 is currently stuck in a range between 19296 and 19645 for the last 10 days.
If price starts forming below 19296 and sustains it can likely head towards 18646 which is another support. If 19645 is breached on the upside we can head towards 20k and above.
My observations and not a trade recommendation though.
NIFTY 50 Nifty 50 gave an impulsive one-directional movement which was not even mitigated once to make the structure look strong. However, after the recent inducements, I believe we might soon see an Imbalance fill, the move currently has slowed down due to less liquidity but the price will soon take in the search of liquidity and pierce through all the levels to rebalance the downside.