NIFTY has a 5 wave down formation as of now in daily which potentially means that the recent rise could have been a counter-trend and the primary trend remains downward. A breach of 23676 should be another confluence for downside view.
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Be a Better Trader!
Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
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.