The chart is self-Explanatory as always :)
Here’s a quick summary:
- The Price stayed in a range for about 8 months followed by a strong breakout
- The psychological level of 2,000 was breached after a short consolidation which is a positive
- The chart was shared in the learning community just yesterday. Check the signature column below to join the community.
- The price is up 7% today taking resistance at 2250.
- The
CNXREALTY index is reaching a resistance zone. So a correlation should be taken into account.
- You can now access our structured charts for all Nifty 500 Companies, Check the signature section below for more info.
What do you think will happen here?
Disclaimer
This analysis is for educational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any securities. Trading and investing involve risks, and you should consult a qualified financial advisor before making decisions.
The author is not registered with SEBI and is not responsible for any losses based on this analysis. Use this information at your own discretion.
Here’s a quick summary:
- The Price stayed in a range for about 8 months followed by a strong breakout
- The psychological level of 2,000 was breached after a short consolidation which is a positive
- The chart was shared in the learning community just yesterday. Check the signature column below to join the community.
- The price is up 7% today taking resistance at 2250.
- The
- You can now access our structured charts for all Nifty 500 Companies, Check the signature section below for more info.
What do you think will happen here?
Disclaimer
This analysis is for educational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any securities. Trading and investing involve risks, and you should consult a qualified financial advisor before making decisions.
The author is not registered with SEBI and is not responsible for any losses based on this analysis. Use this information at your own discretion.
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
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.
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
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.