Nifty
Patterns formed on the Chart
1- Head & Shoulder Pattern.
2- Bullish Pennant.
Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250
Resistance:
1- 24450
2- 24860
3- 25050.
Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.
Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.
1- Head & Shoulder Pattern.
2- Bullish Pennant.
Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250
Resistance:
1- 24450
2- 24860
3- 25050.
Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.
Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.
Disclaimer:
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
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.
Disclaimer:
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
I am not a financial advisor or SEBI-registered analyst. The information shared is my personal opinion and not financial or trading advice. Please consult a financial advisor before making any decisions.
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.