N

Nifty50

NIFTY 50 – Short Technical View

4 months ago

The chart above is embedded from a separate charting application. Website-level accessibility is improved here with keyboard-friendly sharing, clearer labels, and text-based alternatives, while chart-canvas controls still need to be fixed inside the chart application itself.

NIFTY formed a rising wedge pattern and has now given a support trendline breakdown , indicating weakening bullish momentum. After the breakdown, selling pressure has emerged and bias turns negative. Bias: Bearish Downside Level: 25,650 Invalidation Level: 25,725 Approach: Sell on rise while price sustains below the invalidation level. View remains negative unless market sustains above 25,725.

NIFTY formed a rising wedge pattern and has now given a support trendline breakdown, indicating weakening bullish momentum. After the breakdown, selling pressure has emerged and bias turns negative.

Bias: Bearish
Downside Level: 25,650
Invalidation Level: 25,725
Approach: Sell on rise while price sustains below the invalidation level.

View remains negative unless market sustains above 25,725.

Comment your suggestions

Loading comments...

Posted by

RAVINTHAR PRADEEP

Moderator

4 months ago

Disclaimer

Investment in the securities market are subject to market risks, read all the related documents carefully before investing.

The materials and information presented do not constitute financial, investment, trading, or professional advice endorsed or provided by Enrich Money. For full disclosures, please see ourTerms of Use.

Upcoming Webinars

Loading webinars...