15-DAY-60-Minute Chart of NIFTYTechnical Analysis
Current range:
From last two trading sessions nifty is trading in the range on 2890 to 2950, either side breakout will give decisive moves. Nifty 2890 support level is getting stronger, and trend indicators are turning positive, slight volume rise from last 4 sessions is also helping Nifty to hold higher levels.
Current range:
From last two trading sessions nifty is trading in the range on 2890 to 2950, either side breakout will give decisive moves. Nifty 2890 support level is getting stronger, and trend indicators are turning positive, slight volume rise from last 4 sessions is also helping Nifty to hold higher levels.
Upside
Initial Resistance is around 2950 next 2970 levels, breakout of 2970 levels opens doors for Nifty to move into new range of 2970 to 3040.
Initial Resistance is around 2950 next 2970 levels, breakout of 2970 levels opens doors for Nifty to move into new range of 2970 to 3040.
Downside
Support is at 2890, breakout of 2890 opens down side range of 2890 to 2820.
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