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Indice Nifty 50

Nifty50 positional analysis

Di pratik2358
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  • Nifty the benchmark is currently placed at 38.2%
    retracement along with 20 ema on the weekly chart!

    The 17500-17550 zone has multiple moving average clusters.

    the trend is still strongly in favor of bulls

    the index is placed at trendline support too.

    the major concern: the open = high candle formed due to poor infy results is a pain point.

    talking about levels:
    Support for the index comes at 17550 followed by 17220-200 while resistance is placed at 17870 and 18130 zones

    with earning season on, expect a surprise on the cards!!


Trade chiuso: obiettivo raggiunto
bankniftytradesetupbullishmomentumFibonacci RetracementMoving Averagesniftytrendnify50Supply and DemandTechnical AnalysistradingsignalsTrend LinesTrend Line Breakweeklymarketsanalysis
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