Indice Nifty 50Short
NIFTY DAILY TIMEFRAME ANALYSIS (10/5/2021)
NIFTY is in a down trend when we look at the daily time frame, respecting the down trend line . It was unable to break 14900 this week .
We could se some great support near the purple rectangle drawn .
If it remains bullish we may see a support near 14500
If it breaks upward we could see a resistance near 15200 in a couple of days
This view are only for educational purpose only , never blindly follow anyone, trade wisely !
We could se some great support near the purple rectangle drawn .
If it remains bullish we may see a support near 14500
If it breaks upward we could see a resistance near 15200 in a couple of days
This view are only for educational purpose only , never blindly follow anyone, trade wisely !
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