Nifty The benchmark index is looking weak and currently trading in downtrend on the basis of price action and on moving average basis so i tried to find out some key levels of supports on both parameters below
PRICE ACTION SUPPORTS-:
Support 1- 18127
Support 2- 17850
Support 3- 17384
MOVING AVERAGES SUPPORTS-:
EMA 20- 18403 Status Breached
EMA 50- 18188 Status Breached
EMA 100-17771 Status Active
EMA 200- 17364 Status Active
MOVING AVERAGES SUPPORTS
PRICE ACTION SUPPORTS-:
Support 1- 18127
Support 2- 17850
Support 3- 17384
MOVING AVERAGES SUPPORTS-:
EMA 20- 18403 Status Breached
EMA 50- 18188 Status Breached
EMA 100-17771 Status Active
EMA 200- 17364 Status Active
MOVING AVERAGES SUPPORTS
Note
PRICE ACTION 2ND SUPPORT TESTED
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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.