Nifty 50 currently trading in channel (sideways to down Trend).It is looking weak.
Important levels is marked on the chart.
Support level:14250(strong support),13800,13200-13500,12500
Resistance level:15000(strong resistance)
Strategy:sell on rise.
SL :15000
Targets:14250,13800,13200,12500
Consult your financial advisor before taking any action.
educational purpose only.
Important levels is marked on the chart.
Support level:14250(strong support),13800,13200-13500,12500
Resistance level:15000(strong resistance)
Strategy:sell on rise.
SL :15000
Targets:14250,13800,13200,12500
Consult your financial advisor before taking any action.
educational purpose only.
Note
14250 doneNote
Head & shoulder pattern on nifty 50 daily chart. That is again showing weakness. Pattern active below 14200. Target & SL is same.
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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.