On Daily Time Frame, There have few major highlights in NIFTY.
- NIFTY gives breakdown and currently trading below 200 EMA level.
- But currently trading near support level of parallel channel which is highlighted in chart.
- Further downside in nifty possible only after breakdown of this support level.
- Current trend of nifty is downtrend and this trend can change only if nifty give breakout of mentioned downtrend resistance.
- All other targets and levels mentioned in chart
Disclaimer:
Consider this post as an educational purpose only. Before taking any position consult with your financial adviser.
- NIFTY gives breakdown and currently trading below 200 EMA level.
- But currently trading near support level of parallel channel which is highlighted in chart.
- Further downside in nifty possible only after breakdown of this support level.
- Current trend of nifty is downtrend and this trend can change only if nifty give breakout of mentioned downtrend resistance.
- All other targets and levels mentioned in chart
Disclaimer:
Consider this post as an educational purpose only. Before taking any position consult with your financial adviser.
Penafian
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.
Penafian
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.