- NIFTY 50 shown strong bearish reversal as sentiment turned negative. Uptrend changes.
- If NIFTY 50 falls below 17744, Trend change confirmed and falling starts. Targets 17651.75 and 17564.30.
- If NIFTY 50 fails to fall below 17651.75 and rises above 17759.84,
- then the trend may change and the price may be pulled to 17826.65 and above.
- NIFTY 50 breakout rank 7
- Previous Close: 17816.25 (194.00)
- Sellers Zone: 17893.46 - 17919.30
- Resting Zone: 17821.45 - 17831.85
- Buyers Zone: 17744.40 - 17759.84
- Resistances: 17893.46, 17934.74, 18001.55
- Supports: 17759.84, 17718.56, 17651.75
Disclaimer: These are only suggestive technical rules that have been found to work well over time in the market. These are not any trading or investing recommendations. We suggest you to take advice from certified experts for trading and investing. Neither PickMyStox nor any of its associates are responsible for any trading or investing loss.
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