Nifty 50 Index spot 23851.65 by the Daily Chart view - Weekly Update
* Support Zone at 21800 to 21950 Nifty 50 Index Band
* Resistance Zone at 23875 to 23975 Nifty 50 Index Band
* A Bullish Head and Shoulders pattern formation is now been invalidated, as the "Right Shoulder" is closely equal to the "Head" which ideally maybe equal to or +/- "Left Shoulder". This pattern maybe considered as a Bullish Double Bottom
* Support Zone at 21800 to 21950 Nifty 50 Index Band
* Resistance Zone at 23875 to 23975 Nifty 50 Index Band
* A Bullish Head and Shoulders pattern formation is now been invalidated, as the "Right Shoulder" is closely equal to the "Head" which ideally maybe equal to or +/- "Left Shoulder". This pattern maybe considered as a Bullish Double Bottom
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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.