On the weekly time frame the index
NIFTY is trading within a triangle pattern.
The triangle resistance is placed at 19021 which us next target also.
Sustaining above 19000 can lead to further gain however a healthy correction or retracement will make this up move more strong.
Sentiments - Bullish
Price action - Bullish
Fear & greed - Greed
Immediate support 18600
Immediate resistance 19000
The triangle resistance is placed at 19021 which us next target also.
Sustaining above 19000 can lead to further gain however a healthy correction or retracement will make this up move more strong.
Sentiments - Bullish
Price action - Bullish
Fear & greed - Greed
Immediate support 18600
Immediate resistance 19000
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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.
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.