Trend analysis of NIFTY 50
The Nifty 50 is currently trading close to the supply line of the downtrend channel. There is a strong chance that the price will be rejected at the supply line and move in the direction of the downtrend, which could result in a bearish movement.
But
If buyers dominate sellers and price break the downtrend channel, and after breakout if price sustain above downtrend channel then we may witness a significant bull run.
The Nifty 50 is currently trading close to the supply line of the downtrend channel. There is a strong chance that the price will be rejected at the supply line and move in the direction of the downtrend, which could result in a bearish movement.
But
If buyers dominate sellers and price break the downtrend channel, and after breakout if price sustain above downtrend channel then we may witness a significant bull run.
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Access the powerful Demand and Supply Zone Pro indicator at:
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.