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Nifty 50 Index

Nifty will it form a Spring ?

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Nifty 24500 - A Volume price candle study been tried on hourly pattern chart of the last 2 days to understand the price movement suggests a formation of spring structure. Will it become a spring ? Lets wait and see
Note
24550PE @ 91 at 24520 @ 13:01
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24550PE @ 111 at 24480 @ 14:01
Note
5 minutes ago
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24550PE @ 82 at 24530 @ 14:24

Note
1 minute ago
Note
24550PE @ 102 at 24480 @ 14:27
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Chart PatternsTrend Analysis

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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.
Chart PatternsTrend Analysis
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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.