March 21, 2020

NIFTY weekly charts

- trend is down
- significant support 10000 will now become resistance
- below 10000, candlesticks are showing long tails (buying)
- yet there was no follow thru buying

- this week's close is below swing high of 2015 and 2016 (9000)

- next support 7000-7500-8000

No comments:

Post a Comment