Indeks Nifty 50
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NIFTY into textbook pattern

151
after failed attempt on thursday price then trying form a base near the medium timeframe demand zone (mtf)

as such condition it is likely considered as
trend (thursday fall) >>>>
then side ways for liqudity generating
and >>>>>> then (trend continued)

on side
19080
18922
are curcial level to watch

18700 will be third support where price is likely to turn around if all of ther pattern goes as per textbook method

price is likely to get oversold
Nota
price made a pullback and got rejected from fib 0.6 which was having confluence with medium time frame supply zone
the last hour selling looks parabolic

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.