NIFTY Analysis
Daily Time Frame: Doji Candle (Undecisive)
RSI<50(Weak) PCR: 0.72 (Bearish Sentiment)
MT Outlook: Long Unwinding
Downtrend Confirmation: Daily Candle Closing Below 17580 with good volumes and strong red candle
Support Zone: 17486-17596
Downside Targets: 17350-17380, 17200-17250
Resistance Zone: 17700-17525
Upside Targets: 17780-17820, 17918-17955, 18050-18080
RSI<50(Weak) PCR: 0.72 (Bearish Sentiment)
MT Outlook: Long Unwinding
Downtrend Confirmation: Daily Candle Closing Below 17580 with good volumes and strong red candle
Support Zone: 17486-17596
Downside Targets: 17350-17380, 17200-17250
Resistance Zone: 17700-17525
Upside Targets: 17780-17820, 17918-17955, 18050-18080
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