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chinmayjog

NIFTY going downward?

Short
Nifty 50 Index (NSE:NIFTY)  
chinmayjog  
NSE:NIFTY   Nifty 50 Index
Technical Indicators Trend Analysis Chart Patterns
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indicator trendanalysis chartpattern
NIFTY has breached the 17800 on weekly chart today. A weekly closing tomorrow below this level will confirm bearish trend for next week. We can expect 17450 in the coming weeks if this happens. If not, a bounce back towards 17900 can be expected.

Disclaimer: I am not a SEBI registered investment advisor. All views personal and for educational purpose.

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