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Nifty taking support from previous resistance of consolidation
NIFTY
, 1D
Long
NIFTY: Nifty taking support from previous resistance of consolidation

Nifty was in a consolidation phase from May 12, 2025, to June 25, 2025. On 26th June, it broke up and moved higher. Now it is retesting this consolidation zone again and has successfully taken support from here. Expecting Nifty to test 26200, the previous ATH from here in the coming days, with positive news for India in the tariff deal with the USA

Nifty forming a Head and Shoulder pattern
NIFTY
, 1D
Short
NIFTY: Nifty forming a Head and Shoulder pattern
Updated 

Nifty50 is forming a Head and Shoulder pattern in the daily chart. If this pattern is confirmed in the coming days, it can touch 23000. But if the pattern is rejected, then it can reach All Time High too

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