Nifty50 stock Analysis - Breakout Candidate
Updated
Nifty50 stock Analysis - Daily Timeframe:
1. Raising Support - marked in pink color up arrow
2. Reducing Resistance - marked in black color down arrow
3. Expecting a breakout at Rs.1760 level if we see another green candles
4. Last three green candles were formed with Open = Low price (no bottom wick)
Note:
This is for educational purpose only.
I'm not responsible for your profit/loss.
Please invest with proper research
-- Gnanasekaran
1. Raising Support - marked in pink color up arrow
2. Reducing Resistance - marked in black color down arrow
3. Expecting a breakout at Rs.1760 level if we see another green candles
4. Last three green candles were formed with Open = Low price (no bottom wick)
Note:
This is for educational purpose only.
I'm not responsible for your profit/loss.
Please invest with proper research
-- Gnanasekaran
Trade active
Breakout happened at exact place. Personally, ordered 5 units for SWING trading for 10% upside and 5% stop loss.
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