Nifty Analysis: 30-05-2023
Today, Nifty was in consolidation mode. Here, I consider the following points.
1) It took support at the 18590 level exactly the bottom of the channel (Green Back Ground).
2) It crossed above the parallel channel (fluorescent green color)
These two points are showing the strength of Nifty.
Tomorrow's (31-05-2023) levels are given in the chart.
Today, Nifty was in consolidation mode. Here, I consider the following points.
1) It took support at the 18590 level exactly the bottom of the channel (Green Back Ground).
2) It crossed above the parallel channel (fluorescent green color)
These two points are showing the strength of Nifty.
Tomorrow's (31-05-2023) levels are given in the chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.