Nifty is near final major support on Weekly Chart...If the bounce has to happen it should be from here in couple of days...
If we have 2 consecutive close below this MA...it will be big PANIC like situation in coming months...
Last 5 years...major bottom has formed near this MA
If we have 2 consecutive close below this MA...it will be big PANIC like situation in coming months...
Last 5 years...major bottom has formed near this MA
Note
Hope people made use of this move given near 16950....we had only one close below 100 MA weekly chart...Note
17950 almost 1000 points...Main Point is Bull Market trend is intact in NiftyNote
18450Note
19500
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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.