sk_4587

21800 short term resistance

sk_4587 Aktualisiert   
NSE:NIFTY   Nifty 50 Index
dear traders
as we can see mkt is consolidating in a channel
where 21800 is short term resistance
and assuming channels bottom is a support

so take take your trade accordingly

but in a 4 to 6 month perspective mkt still in a greatest bull rally

Kommentar:
any two hourly continuous closing above 21800 is again a fresh buying setup
Kommentar:
i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

------------------------------------------------------

any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysisam not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

------------------------------------------------------

any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis
Kommentar:
again today mkt confirms that 21800 is a clear resistance
Kommentar:

price tested channels bottom line with 100% accuracy
Kommentar:
200 point profit from my channel lower line
Kommentar:
450 point profit from my channels lower line
Kommentar:

as market stable above all time high and also above resistance so upper level 22200 is visible for now
Kommentar:
650 point profit running
Kommentar:
from lower channel line
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.