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Niftyindia

NIFTY Finally Broke Parallel Channel.Nifty was heading toward a congestion zone from 18300-18500. It had started to create 18350 as major resistance. Need to see if it sustain below the trend line on DAILY BASIS... When we looked at previous charts, nifty was being held tightly, last few candles showed shallow candles. Now in charts supports have been made, keeping in mind there are few gaps left in nifty and trade causally. Major even ahead - Annual Budget. Hope the market has not capitalized on such an event. Happy investing, happy trading.....
NSE:NIFTYShort
by rishab0260
4
Stance of US FED and Rising COVID19 cases spoil the 18K party.17655 proved to be a good support for NIFTY today amidst aggressive posture by US Fed which sent traders across the globe booking profit. Global markets have tanked FIIs sold today but DII continued there buying from lower levels. Current support zone of 17661 below this level the support is near 17656 and 17593. Below these levels 17492 and 50 EMA which is at 17402 will be support. Resistance on the up side will be 17797 (today's peak) and 17834. Above this level recent of 17944 will test and try to stop upward movement of NIFTY regaining 18K levels.
NSE:NIFTY
by Happy_Candles_Investment
NIFTY - Next week Analysis🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:NIFTYLong
by PrakWorld_Traders