NIFTY-At a critical level

2023年10月20日

NIFTY :Made a weak attempt towards 19600 but could not suceed.
In the process formed a doji .
Worrying part is it closed below its 50DEMA of 19602 .
If NIFTY fails to hold above 19600 seems more fall towards its 100DEMA of 19300 is likely.
19600/670/19740 would act as the resistance levels.
(For Educational purpose only)

2023年10月23日

交易結束：目標達成

Low of 19300 tested as projected

2023年10月24日

註釋

If NIFTY does not hold 19200 on closing basis does not see any major support on daily chart other than 18600 levels. till NIFTY holds above 19200 we may witness sell on rise. (for educational purpose only), Long time support of 19200 DEMA will become the new immediate resistance now