NIFTY 50, SHORT TERM PRICE ACTION!!
"movement of prices, falling some strategy or a pattern(formed by psychology of buyers and sellers), makes up the price action"!!
i had previously brought up the trend of market, and market is yet respecting towards.
as previously said: INDIA is not in a recession. therefore nifty 50 is most unlikely to go below the support of 16700.
trend line is drawn, and check out the fibonnaci drawn from past two trading weeks, market has been respecting its levels very well.
its acting like a good support and resistance.
more updates will come on the same topic, stay connected!!!
i had previously brought up the trend of market, and market is yet respecting towards.
as previously said: INDIA is not in a recession. therefore nifty 50 is most unlikely to go below the support of 16700.
trend line is drawn, and check out the fibonnaci drawn from past two trading weeks, market has been respecting its levels very well.
its acting like a good support and resistance.
more updates will come on the same topic, stay connected!!!
Related publications
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.