Technical Analysis of NIFTY Futures
- Trend Overview: The market is in a clear downtrend, with strong bearish momentum persisting.
- Point of Interest: The price recently tested a key supply zone (marked in red) and faced rejection, signaling a potential continuation of the downtrend.
- Support & Target: The next major demand zone is near 22,049, acting as a critical support level.
- Outlook: If selling pressure remains strong, the price may head toward the target area. However, a breakout above the supply zone could shift sentiment, leading to a possible trend reversal.
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- Trend Overview: The market is in a clear downtrend, with strong bearish momentum persisting.
- Point of Interest: The price recently tested a key supply zone (marked in red) and faced rejection, signaling a potential continuation of the downtrend.
- Support & Target: The next major demand zone is near 22,049, acting as a critical support level.
- Outlook: If selling pressure remains strong, the price may head toward the target area. However, a breakout above the supply zone could shift sentiment, leading to a possible trend reversal.
If you enjoy, press the like button.
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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.