Nifty Pharma Index on a daily timeframe (1D) Overview of chart.
The price action is displayed in a candlestick format, and some regions are highlighted with grey rectangles.
Price Trend:
The index was in an uptrend from June to mid-December 2024, reaching a peak.
A downtrend followed, with multiple sharp corrections (highlighted regions).
Recent consolidation and volatile price action suggest uncertainty or trend reversal attempts.
Highlighted Regions:
These may represent significant price drops, possibly aligning with your trading strategy (e.g., 5-9 consecutive down days followed by a bullish reversal pattern).
The last highlighted region could be an area of interest for a potential reversal or continuation of the downtrend.
Price Trend:
The index was in an uptrend from June to mid-December 2024, reaching a peak.
A downtrend followed, with multiple sharp corrections (highlighted regions).
Recent consolidation and volatile price action suggest uncertainty or trend reversal attempts.
Highlighted Regions:
These may represent significant price drops, possibly aligning with your trading strategy (e.g., 5-9 consecutive down days followed by a bullish reversal pattern).
The last highlighted region could be an area of interest for a potential reversal or continuation of the downtrend.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.