Nifty's low of 2nd july was easily predictable

Simple use of trendline could have helped in determining the same. I have connected the low of 27th May and 21st June 2021, and have produced the line further to the right on an hourly timeframe.

I made this line two days back and had the view that Nifty has to turn bullish on the first tick, however, it turned bullish after exactly touching the support line.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.