⚡️Price Analysis:
- If nifty is able to re-claim the 25000 zone within next week (8th Aug, 25) then a New ATH can be expected by the end of this year.
- But, price continues to show weakness then further downside and consolidation will be expected around the lower levels.
- Bullish view can be made if price starts to show good reaction from the currently marked golden zone.
- Bearish view below 24450 only after confirmation.
- Either side good momentum can be expected in coming days.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Share your thoughts in the comments below! ✌️
🔥 Trade Safe! ✅ 🚀
- If nifty is able to re-claim the 25000 zone within next week (8th Aug, 25) then a New ATH can be expected by the end of this year.
- But, price continues to show weakness then further downside and consolidation will be expected around the lower levels.
- Bullish view can be made if price starts to show good reaction from the currently marked golden zone.
- Bearish view below 24450 only after confirmation.
- Either side good momentum can be expected in coming days.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Share your thoughts in the comments below! ✌️
🔥 Trade Safe! ✅ 🚀
Trade active
Journey to 26,000 has finally began. Though the journey will not be very smooth this time!
Price took rejection exactly from the marked golden zone and failed to close below or give a follow through. Nifty created a new history with 7 back to back negative weekly closing which has never happened in the entire history of 30 Years.
Anubrata Ray ⚡
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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.
Anubrata Ray ⚡
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.