NIFTY Analysis: Daily Time frame.
With the current level of NIFTY, 17600-17400 level, these level are important support.
Seneiro 1:
If NIFTY maintain above these level then it can be said NIFTY in consolidation phase.
Seneiro 2:
If NIFTY Breaks this zone of 17.6k-17.4k and hover above 17.6 then It can be said NIFTY in correction phase.
Seneiro 3: 17060-16710 level are potential support zone for NIFTY in correction phase, below this zone NIFTY will turn Bearish.
Please share your views as well.
With the current level of NIFTY, 17600-17400 level, these level are important support.
Seneiro 1:
If NIFTY maintain above these level then it can be said NIFTY in consolidation phase.
Seneiro 2:
If NIFTY Breaks this zone of 17.6k-17.4k and hover above 17.6 then It can be said NIFTY in correction phase.
Seneiro 3: 17060-16710 level are potential support zone for NIFTY in correction phase, below this zone NIFTY will turn Bearish.
Please share your views as well.
