Nifty, Most likely a bottom in place
The band of 17300/17100 seem to be a good buying zone.
Has the 50 Wma support @ 17350
Has formed a Divergence in Daily charts
We could have another round of selling before we start the up move.
Above 18050, we get a wedge breakout for targets of 20100
Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.
Has the 50 Wma support @ 17350
Has formed a Divergence in Daily charts
We could have another round of selling before we start the up move.
Above 18050, we get a wedge breakout for targets of 20100
Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.
Nota
Levels to watch out for:17730
17900
18000
If Nifty sustains above these levels, we can see the momentum shift towards upside, and eventually to 20k
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.