NIFTY50 NOV 14 WEEKLY ANAYISIS
The market is currently in a downtrend, showing a clear decline in price action with lower highs and lower lows.
Traders might interpret this as a sign🕒 of weakening investor confidence, often influenced by economic factors or profit-taking after previous gains.🤔
📉 In a downtrend, it’s essential to exercise caution, especially with long positions, as the trend Managing risk is key, as sudden reversals can happen.
Monitoring market sentiment and technical indicators can help identify a potential reversal or further bearish continuation.🚀
1.resistance level break down trend🔻 continue, nifty50
2.support level break and market sustenance, may be bullish trend start and down trend end
3.plz draw this level your trading panel #Tradingviews YOUR plat from
4. Follow ME More Ideas!👆
Traders might interpret this as a sign🕒 of weakening investor confidence, often influenced by economic factors or profit-taking after previous gains.🤔
📉 In a downtrend, it’s essential to exercise caution, especially with long positions, as the trend Managing risk is key, as sudden reversals can happen.
Monitoring market sentiment and technical indicators can help identify a potential reversal or further bearish continuation.🚀
1.resistance level break down trend🔻 continue, nifty50
2.support level break and market sustenance, may be bullish trend start and down trend end
3.plz draw this level your trading panel #Tradingviews YOUR plat from
4. Follow ME More Ideas!👆
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