Nifty Positional View for April 19
The current Trend is DOWN and will reverse to UP if LTP @ 15:30 is above 17706.
Keep in mind 17710 is a Monthly level and stable above it is necessary for UP Trend to start.
Expecting NIFTY to be down till 10:14 AM and later continuous UP Trend till EOD. Good possibility of reversal tomorrow as per the Monthly sentiment chart.
Past Swings
Start Price, Start Date, End Price, End Date, Move
16998,29-03-2023, 17-4-2023,17792,794 UP Points
17792,17-04-2023, Cont, Cont,132 Down points (April 18)
Note
Probable Sentiment Note
11:09 and 13:50 are Important timings
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Related publications
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.