Nifty Analysis:11-05-2023
As expected, RIL has broken its trend. So, Nifty was not able to move upwards. Now, Nifty has formed H & S pattern. Also, Nifty, in 15-minute charts, takes support at 50 ema. Once it is broken downside then the huge move will be there upto 200ema in intraday(12-05-2023).
As expected, RIL has broken its trend. So, Nifty was not able to move upwards. Now, Nifty has formed H & S pattern. Also, Nifty, in 15-minute charts, takes support at 50 ema. Once it is broken downside then the huge move will be there upto 200ema in intraday(12-05-2023).
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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.