NIFTY 50 Analysis for 2/9/2024
If tomorrow's closing price falls below 21700, there is a direct trajectory towards 21460. Please examine the 21500 PE Contract expiring on 15th February; it exhibits an inverted head and shoulders pattern on the 5-minute time frame. Remember to engage in trading activities based on your individual risk tolerance.
It is advisable to adopt a bullish stance only if the price rises above 21810; there is little justification for a bullish outlook below this level. Trade on your own risk, and remember that the information is provided solely for educational purposes.
It is advisable to adopt a bullish stance only if the price rises above 21810; there is little justification for a bullish outlook below this level. Trade on your own risk, and remember that the information is provided solely for educational purposes.
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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.