Since 11th May, Nifty has been spending time in the 23400 to 23850 zone. It did try to break free at 850 levels multiple times, forming a triangle of 450 points.
On 25th May, it captured the 24K level and finally closed above it.
Levels shown on chart for the next likely move.
On 25th May, it captured the 24K level and finally closed above it.
Levels shown on chart for the next likely move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.