Nifty 50 weekly analysis November 14 exp

The market is currently in a downtrend, showing a clear decline in price action with lower highs and lower lows.

Traders might interpret this as a sign🕒 of weakening investor confidence, often influenced by economic factors or profit-taking after previous gains.🤔

📉 In a downtrend, it’s essential to exercise caution, especially with long positions, as the trend Managing risk is key, as sudden reversals can happen.

Monitoring market sentiment and technical indicators can help identify a potential reversal or further bearish continuation.🚀


1.resistance level break down trend🔻 continue, nifty50
2.support level break and market sustenance, may be bullish trend start and down trend end
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Chart PatternsTechnical Indicatorsnifty50Trend Analysis

Declinazione di responsabilità