Indice Nifty 50Long
NIFTY - Key Levels for 18-July
1. NIFTY has formed a falling channel in last 4 months and it has given breakout from it. Channel highlighted in blue color.
2. On hourly time frame, it has formed a Flag pattern which has given breakout on 15July. Flag pattern highlighted in orange color.
3. 15900 has now become a strong support. 16000 is also a psychological level and key support.
4. 16230-40 is key resistance for this week and if NIFTY closes above this then it can try for 16400.
Thanks
Piyush Gupta
Learn & Earn
2. On hourly time frame, it has formed a Flag pattern which has given breakout on 15July. Flag pattern highlighted in orange color.
3. 15900 has now become a strong support. 16000 is also a psychological level and key support.
4. 16230-40 is key resistance for this week and if NIFTY closes above this then it can try for 16400.
Thanks
Piyush Gupta
Learn & Earn
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For high probable picks, join t.me/EquityResearch_PAC_bot
Main TG t.me/priceactionchart
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Only way to succeed in stock market is by learning Price Action.
WhatsApp : 9717077198
Main TG t.me/priceactionchart
Automated TG : t.me/PriceActionChart_TechHub
Only way to succeed in stock market is by learning Price Action.
WhatsApp : 9717077198
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