This week started with a gap down opening at 17541 vs Friday close at 17604.
Made low at 17405, though did not sustain at lows, moved up and closed near the day's high at 17648.
The previous support that nifty broke on Friday is going to act as immediate resistance [ 17670- 17850]
Currently, nifty50 looks like sell on the rise
Notice price action in the resistance zone and any weak price action would be an opportunity to create short trades.
Trade at your own risk
Made low at 17405, though did not sustain at lows, moved up and closed near the day's high at 17648.
The previous support that nifty broke on Friday is going to act as immediate resistance [ 17670- 17850]
Currently, nifty50 looks like sell on the rise
Notice price action in the resistance zone and any weak price action would be an opportunity to create short trades.
Trade at your own risk
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.