Nifty currently at a very crucial and important support level.
If the channel breaks down the market can see a good downfall from this level
On reversal from this zone, we can expect to bounce back to the above zone of 17000 and sustaining above that can lead to 18000.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
If the channel breaks down the market can see a good downfall from this level
On reversal from this zone, we can expect to bounce back to the above zone of 17000 and sustaining above that can lead to 18000.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
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.
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.