NIFTY50 NOV 14 WEEKLY ANAYISIS
The market is currently in a downtrend, showing a clear decline in price action with lower highs and lower lows.
Traders might interpret this as a sign🕒 of weakening investor confidence, often influenced by economic factors or profit-taking after previous gains.🤔
📉 In a downtrend, it’s essential to exercise caution, especially with long positions, as the trend Managing risk is key, as sudden reversals can happen.
Monitoring market sentiment and technical indicators can help identify a potential reversal or further bearish continuation.🚀
1.resistance level break down trend🔻 continue, nifty50
2.support level break and market sustenance, may be bullish trend start and down trend end
3.plz draw this level your trading panel #Tradingviews YOUR plat from
4. Follow ME More Ideas!👆
Traders might interpret this as a sign🕒 of weakening investor confidence, often influenced by economic factors or profit-taking after previous gains.🤔
📉 In a downtrend, it’s essential to exercise caution, especially with long positions, as the trend Managing risk is key, as sudden reversals can happen.
Monitoring market sentiment and technical indicators can help identify a potential reversal or further bearish continuation.🚀
1.resistance level break down trend🔻 continue, nifty50
2.support level break and market sustenance, may be bullish trend start and down trend end
3.plz draw this level your trading panel #Tradingviews YOUR plat from
4. Follow ME More Ideas!👆
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.