Nifty broken the major trendline
In the previous sessions price is retested the same trendline and showing Bearishness from the supply zone.On bottom side strong demand zones lies at 20800 levels.
If this trendline acts as resistance we will observe a continuous Bearishness in nifty upto 20800 levels.
If we observe consolidation between 21700-21300, will expect a fall below 21300 and then have a rise again towards ATH.
Note:
If trendline failed to push down side, liquidity grab above the trendline will observe and a fall happens again.
In the previous sessions price is retested the same trendline and showing Bearishness from the supply zone.On bottom side strong demand zones lies at 20800 levels.
If this trendline acts as resistance we will observe a continuous Bearishness in nifty upto 20800 levels.
If we observe consolidation between 21700-21300, will expect a fall below 21300 and then have a rise again towards ATH.
Note:
If trendline failed to push down side, liquidity grab above the trendline will observe and a fall happens again.
Note
Liquidity done below 21300 levels
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.