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
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.