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Nifty 50 Tomorrow Resistance and Support LevelsNifty 50 Tomorrow Resistance and Support Levels
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Nifty 50 and sgx for price actionNifty 50 and sgx for price action
1.this price rance had a two different head &shoulder pattern.
2.first one (blue) inverse h&s incomplete lvl.
3.2nd one(red) break down lvl
just see what is the matter of fact your opinion
dont take serious ,use for reference only
price range guess or expecting lvl
1) 17300-16500-16200
2) 17300-15200 break down lvl or not include
3)18300-20400 breakout lvl
AND dont forget SUPPLY AND DEMAND(SND)
caution: This istechnical analysis and price action trading strategy only, this chart my point view ,
USE FOR REFERENCE ONLY , GOOD LUCK FOR PROFIT, DONT LOSE MONEY ,SAVE YOUR MONEY .
NIFTY-50 (SELL WHEN EVERYONE IS BULLISH)NIFTY-50 is in C major wave of the abc correction.
We have completed (i) and (ii) of major Wave C. Today we have completed i & ii
of 3 of C, wave ii has retraced more than 61.8% and may also retrace upto 78.6%,
i.e., it might touch 17455-17460 and will resume its trend downward.
Wave iii has a target of 16115-16120(range).
Like if you liked the analysis.
Please refer to morning chart and correlate with current chart.
Regards
This is not any trade advise, do your own analysis before jumping to trade.
Nifty 50 Rectangular channelNifty 50 in falling rectangular channel either side give a good breakout of 950-1000 points.
Break downside have a break out of 1000 point from channel same as upside also.
Note if it tools resistance from upper side of channel then can come mid point of channel means 500 points we can get from it.