Analysis on
NIFTY
After facing resistance near the 24,850 level, there was no significant follow-through selling pressure. This lack of bearish momentum might indicate a potential bullish move towards the 25,400 - 25,500 levels.
Disclaimer:
I am not SEBI-registered. This is NOT trading advice.
After facing resistance near the 24,850 level, there was no significant follow-through selling pressure. This lack of bearish momentum might indicate a potential bullish move towards the 25,400 - 25,500 levels.
Disclaimer:
I am not SEBI-registered. This is NOT trading advice.
Note
Trend confirmed from neckline bounceNote
Close below the neckline will invalidate ideaRelated 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.
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.