📊 Analyzing **NIFTY 50 (NSE:NIFTY)** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
📈 NIFTY looks very strong and has the potential to move up by 200 points from the current level.
A bullish breakout could push it toward new resistance levels.
🟢 Key Levels to Watch:
🔹 **Immediate Support:** Near recent consolidation zone.
🔹 **Resistance Levels:** 200-point rally zone ahead.
🔒 Stop Loss should be placed below key support levels for risk management.
🔍 We are using trend analysis, volume confirmation, and price action to identify this setup.
⚠️ **Note:** If NIFTY fails to hold its support zone, a retracement is possible be
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
📈 NIFTY looks very strong and has the potential to move up by 200 points from the current level.
A bullish breakout could push it toward new resistance levels.
🟢 Key Levels to Watch:
🔹 **Immediate Support:** Near recent consolidation zone.
🔹 **Resistance Levels:** 200-point rally zone ahead.
🔒 Stop Loss should be placed below key support levels for risk management.
🔍 We are using trend analysis, volume confirmation, and price action to identify this setup.
Pine Script®
NIFTY’s momentum is aligned with higher timeframes, suggesting strength in the uptrend.
- **Bullish View:** Breakout could lead to further gains with strong momentum.
- **Bearish View:** A failure to sustain above support could trigger a retracement.
📊 A powerful trend in development! Watch for volume confirmation before entering. 🚀🔥
⚠️ **Note:** If NIFTY fails to hold its support zone, a retracement is possible be
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.