Nifty50 daily market analysis for 13th July

NIFTY Today, the market witnessed a notable decline, characterized by a significant drop in prices, without even reaching the previous day's high. Notably, the crucial support level at 19400 was breached, which now transitions into a resistance level. Looking ahead to tomorrow, if the market opens below today's closing price of 19384.30, it is plausible to anticipate a continuation of the downward trend.
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian