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Nifty could not hold above 50 hours EMA.

Índice Nifty 50 (NSE:NIFTY)  
Happy_Candles_Investment  
NSE:NIFTY   Índice Nifty 50
Trend Analysis Support and Resistance Candlestick Analysis jacksonholesymposium NIFTY nifty50 niftyanalysis niftytrend niftyindia niftynextweek nifty29thaugustto2ndseptember
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trendanalysis supportandresistance candlestick jacksonholesymposium nifty nifty50 niftyanalysis niftytrend niftyindia niftynextweek nifty29thaugustto2ndseptember
Powell's Speech at Jackson hole Symposium to decide the direction of NIFTY and other global indices. Green lines support red lines resistances. Unfortunately we could not end above 50 hours EMA. Despite multiple attempts today. Good outlook from Powell can give us gap up above 50 EMA. Otherwise things can slide down side next week.

Supports : 17484, 17346, 17246 and finally 17021. Below this level we can see a free fall towards 16900-16445.
Resistances: 17625, 17719 and 17988.
Happy Candles Investment
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