Weekly Analysis
Last week Nifty opens with a slight gap, tested the previous week high's though did not sustain at highs, and moved lower and closed near the week's low.
Formed: Bear Candle
Price action combined weeks: Sideways {Inside candle - the price has been consolidating in a candle range for the past two weeks}
Seems like the price would trade sideways in the coming week as well and the range can get narrower and time for strangles
Weekly Support at 17670- 17850
Weekly Resistance at 18200-18400
Last week Nifty opens with a slight gap, tested the previous week high's though did not sustain at highs, and moved lower and closed near the week's low.
Formed: Bear Candle
Price action combined weeks: Sideways {Inside candle - the price has been consolidating in a candle range for the past two weeks}
Seems like the price would trade sideways in the coming week as well and the range can get narrower and time for strangles
Weekly Support at 17670- 17850
Weekly Resistance at 18200-18400
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.