Nifty has taken a nice support from its monthly 20 ema. Nifty has fallen around 5% this month.
Nifty has formed a confusion candle on daily analysis. The market closed below its hourly 20 ema. And the trend is still not defined
On a smaller time frame the market closed below its 20 and 200 ema.
Support:- 15690, 15625
Resistance:- 15850, 15780, 15920
Wait for the price action near the levels before trading the markets.
Nifty has formed a confusion candle on daily analysis. The market closed below its hourly 20 ema. And the trend is still not defined
On a smaller time frame the market closed below its 20 and 200 ema.
Support:- 15690, 15625
Resistance:- 15850, 15780, 15920
Wait for the price action near the levels before trading the markets.
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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.