NIFTY is facing major rejection from the long term trend line resistance zone.
The Trend on the Daily Charts continues to be Bearish.
If NIFTY closes below 23,215, it can be shorted for a Target to 23,034 on an Intraday or STBT basis.
If NIFTY closes today with an O=H Bearish Daily Candle, those looking to Swing Trade can short it for a Target of 22,590 level.
The Trend on the Daily Charts continues to be Bearish.
If NIFTY closes below 23,215, it can be shorted for a Target to 23,034 on an Intraday or STBT basis.
If NIFTY closes today with an O=H Bearish Daily Candle, those looking to Swing Trade can short it for a Target of 22,590 level.
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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.
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.