Nifty - Range Bound - 12963 - 12745
Updated
Momentum bar helped to understand short term range of Nifty.
currently nifty is in consolidation range. If Nifty breaks above 12965 -> expect a good rally or s start of bull market
if Nifty closes below 12745 , short term correction
this month close is very important.
currently nifty is in consolidation range. If Nifty breaks above 12965 -> expect a good rally or s start of bull market
if Nifty closes below 12745 , short term correction
this month close is very important.
Note
Opening perfect and Nifty made a high of 12961 as Momentum bar high is resistance for nifty in short term.
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.