On the weekly time frame the index
NIFTY
is trading within a triangle pattern.
The triangle resistance is placed at 19021 which us next target also.
Sustaining above 19000 can lead to further gain however a healthy correction or retracement will make this up move more strong.
Sentiments - Bullish
Price action - Bullish
Fear & greed - Greed
Immediate support 18600
Immediate resistance 19000
NIFTY
is trading within a triangle pattern. The triangle resistance is placed at 19021 which us next target also.
Sustaining above 19000 can lead to further gain however a healthy correction or retracement will make this up move more strong.
Sentiments - Bullish
Price action - Bullish
Fear & greed - Greed
Immediate support 18600
Immediate resistance 19000