Obral Cyber MondayDISKON hingga 70%
Indeks Nifty 50

Will previous SUPPORT act as a RESISTANCE now!?

Oleh Wealthcam
As we can see NIFTY showed a strong reversal despite touching our reversal levels but we did expect a strong movement from our demand zone. Now we can see it has closed below the channel which could potentially act as a RESISTANCE hence unless NIFTY closes inside the channel until then we cannot confirm this as a false breakdown and can expect further downfall so plan your trades accordingly.
Candlestick AnalysisMultiple Time Frame AnalysisSupply and Demand
Wealthcam
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