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Nifty 50 Index
Short

Nifty 50 long term trend analysis, major support and resistance

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Nifty 50 Index (NSEI: NIFTY) was in a trend for 12 years from June 2008 to Dec 2020. In December 2020 it broke out of this range at ~13357 and almost doubled in just shy of 4 years (September 2024) peaking at ~26277.
snapshot

Support 1 : 21870 (Fib 23.6%)
Support 2 : 19114 (Fib 38.2%)
Support 3 : 16909 (Fib 50%)



Note: Not an investment / trade recommendation. Just for educational purposes only.
AccuTrends
Chart PatternsniftylevelsniftyoptionsniftyoutlookniftypredictionniftytradesetupniftytrendniftytrendanalysisTrend Analysis

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.
Chart PatternsniftylevelsniftyoptionsniftyoutlookniftypredictionniftytradesetupniftytrendniftytrendanalysisTrend Analysis
AccuTrends

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.