Nifty 50 IndexShort
Nifty Weekly analysis
Continuous 5 red candles in the weekly chart(first time after COVID-19, continuous 5 red candles) and nifty closed below the major significant support of 19310. Nifty is at Bearish territory entirely.
for next week 19310 will act as the major resistance, if it breaks then 19388 and 19456 will act as the major resistance levels.
downside immediate support will be 19187, 19078, and 18977.
for next week 19310 will act as the major resistance, if it breaks then 19388 and 19456 will act as the major resistance levels.
downside immediate support will be 19187, 19078, and 18977.
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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.