Nifty 50:
As mentioned in our earlier posts Nifty 50 index has confirmed its reversal trend through its 1500 points rally over the last 5-7 days.
The immediate resistance lies @23850-23950, while the support @ 22300.
What Next?
Nifty 50 has to come down over the next few days to 22900-23100 to continue its upward trajectory.
From here on its a buy on dip market until 22300 is on hold.
Cheers.
Note: As always look for potential value buys.
As mentioned in our earlier posts Nifty 50 index has confirmed its reversal trend through its 1500 points rally over the last 5-7 days.
The immediate resistance lies @23850-23950, while the support @ 22300.
What Next?
Nifty 50 has to come down over the next few days to 22900-23100 to continue its upward trajectory.
From here on its a buy on dip market until 22300 is on hold.
Cheers.
Note: As always look for potential value buys.
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.