Indeks Nifty 50

Nifty - Weekly Review Sep 1 to Sep 5

1 558
Price action has formed a falling wedge pattern in Nifty. The falling wedge pattern is bullish, and sustaining a price above 24500 is crucial. The zone 24400 to 24500 will act as a choppy zone.
Buy above 24520 with the stop loss of 24460 for the targets 24560, 24620, 24680, 24720, and 24760.
Sell below 24380 with the stop loss of 24430 for the targets 24340, 24280, 24220, 24160, 24120, and 24080.
The main trend is bearish, and the minor trend is bullish unless bulls show their strength.
Always do your analysis before taking any trade.
Nota
24550 is acting as resistance. syot kilat

Penafian

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