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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💸FREE FOREX Signals in Telegram : t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
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.