Welcome to The Chart Talk – What Market Told Us Today! by M Dhanushkumar
As we discussed in yesterday’s Chart Talk, Nifty faced resistance at the same zone once again today and got clearly rejected from that level.
After the rejection, the market moved sideways for a while, showing a lack of fresh buying interest.
Later, we saw a trendline breakdown, giving a clear short trade setup, and Nifty slid nearly 114 points from the breakdown level — confirming the selling pressure.
This session highlights how respecting key resistance zones and simple price action can give clean intraday opportunities.
If you found this useful, hit the like, follow for daily Chart Talks, and share your views in the comments!
📈 Disclaimer: This analysis is for educational purposes only, not investment advice.
As we discussed in yesterday’s Chart Talk, Nifty faced resistance at the same zone once again today and got clearly rejected from that level.
After the rejection, the market moved sideways for a while, showing a lack of fresh buying interest.
Later, we saw a trendline breakdown, giving a clear short trade setup, and Nifty slid nearly 114 points from the breakdown level — confirming the selling pressure.
This session highlights how respecting key resistance zones and simple price action can give clean intraday opportunities.
If you found this useful, hit the like, follow for daily Chart Talks, and share your views in the comments!
📈 Disclaimer: This analysis is for educational purposes only, not investment advice.
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Publicações relacionadas
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.