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Nifty 50 Index

Closing above 22600 will confirm the UPTREND

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As we can see NIFTY had been in downtrend taking resistance at the previously acting SUPPORT. Now following the candles we can see the RESISTANCE has been tested which has made it weaker hence any closing above 22600 can change the overall trend and can show 23500 in coming trading sessions so plan your trades accordingly and keep watching
Wealthcam
Also on:
Multiple Time Frame AnalysisSupply and DemandTrend Lines

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.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
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.