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Nifty 50 Index
Long

WHY NIFTY WENT UPWARDS TODAY, HERE'S WHY - 26/04/23

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  • Nifty took support from the support line tested by previous day support & day before yesterday's strong resistance after the opening of the day and consequently went upwards a lot due to the support line being very strong due to presence of multiple support & resistances on the last 2 days

  • After that it took resistance from a previous day resistance line and consolidated a lot in the second half

  • But the resistance line being weak due to the presence of only one earlier resistance it was breached during the end of the day and nifty went upwards again

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Beyond Technical AnalysisBullish PatternsGoldNIFTYniftyanalysisSPX (S&P 500 Index)stockmarketsSupport and ResistancesupportandresitanceTechnical AnalysistradingTrend Analysis

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Beyond Technical AnalysisBullish PatternsGoldNIFTYniftyanalysisSPX (S&P 500 Index)stockmarketsSupport and ResistancesupportandresitanceTechnical AnalysistradingTrend Analysis
peace_lover
My Social Media links :

📥 Telegram - t.me/Sagar_TradeMaster
📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
Also on:

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.