This is the daily timeframe chart of Nifty 50.
Nifty 50 is sustaining above the LOP support zone around 24,400–24,500. The index has formed an ascending broadening wedge pattern at this support and appears to be completing the last leg of the structure.
Support Zone: 24,500–24,550
Resistance Zone: 25,600–25,800
If the support zone holds, we may see higher prices in Nifty 50 in the coming sessions.
Thank you.
Nifty 50 is sustaining above the LOP support zone around 24,400–24,500. The index has formed an ascending broadening wedge pattern at this support and appears to be completing the last leg of the structure.
Support Zone: 24,500–24,550
Resistance Zone: 25,600–25,800
If the support zone holds, we may see higher prices in Nifty 50 in the coming sessions.
Thank you.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.