[Nifty View] Nifty at present facing resistance around 25200-25350...last year nifty fallen in September by making H&S pattern. Both shoulders creating strong resistance at 25200-25350 zone... In short term now nifty making symmetrical triangle in addition to H&S .. Nifty has strong resistance around 24850.. So possibility 1 is that this bounce in nifty may not sustain much. Even if nifty crosses 24850 on closing basis, Nifty will again face resistance around 25000 zone
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.
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.