The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure.
📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 18535, 18650, 18660, 18890.
🔎My outlook: The outlook for the upcoming week’s trading suggests a directional view (Bullish).
📈 Bullish Scenario: If Nifty breaks out above the significant level of 18887, supported by a strong and clear daily candle, it could indicate a bullish market trend.
📉 Bearish Scenario: However, if Nifty breaks down below 18534, confirmed by a strong and clear daily candle, it may signal a decline towards the 18250 level.
📊 Support Level: As long as Nifty sustains above the support level of 18530, the market can be viewed as bullish.
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.