The Nifty Media Index has shown a strong bounce from a crucial support zone, gaining +10.83% in recent sessions. This move indicates a potential trend reversal!
📊 Key Observations:
✅ Support Retest Successful: The index held above the key 1,450-1,500 zone and bounced.
✅ Breakout Confirmation: Price is attempting to sustain above this level, signaling further upside potential.
✅ Next Resistance: The 1,650-1,700 zone could act as the next target.
⚠️ Trading Plan:
A sustained close above 1,550 could trigger further upside.
If the breakout sustains, 1,650-1,700 could be the next target.
Support at 1,450 should hold for a bullish continuation.
📊 Key Observations:
✅ Support Retest Successful: The index held above the key 1,450-1,500 zone and bounced.
✅ Breakout Confirmation: Price is attempting to sustain above this level, signaling further upside potential.
✅ Next Resistance: The 1,650-1,700 zone could act as the next target.
⚠️ Trading Plan:
A sustained close above 1,550 could trigger further upside.
If the breakout sustains, 1,650-1,700 could be the next target.
Support at 1,450 should hold for a bullish continuation.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。