NIFTY Important Levels In Consolidation
Traders, NIFTY (NIFTY50) is consolidating i.e. sideways on the higher timeframes. Here are some of the important levels which can act as support and resistance. There is a good possibility of it forming an M FCP pattern which can push the price upwards but that also means that it needs to go a down a bit more into the FCP zone.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
A full video analysis is now available on the channel too.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
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