Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

Nifty technically short-term bullish, but…

free nifty intraday chart tips

free nifty intraday chart tips

Nifty hasn’t given a continuous breakout of the lower high. If nifty couldn’t give consecutive closes above lower high, there can be a failed swing low and signals resumption of the trend.

In 30-minute timeframe, the price has made a value area box where supply equals demand. If nifty gives a continuous break to the upper band of the value area, traders can initiate a buy position for the target of 17554-17586-17618.

Strong closes above 17621 indicate a good time for bull traders.
Swing failure may drive the price lower. Bear traders can look for 17465-17408-17312.

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Stock market certified investment advisor(s) for Moneymunch. They're a regular guest on popular online channels and writes for several newspapers and financial journals. Who has studied charts for over 20 years, and they have black magic of the share market.

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12 Comments

  1. Nifty looks strong but FII behavior is very important. We should examine the main factors of GDP as a new version of Covid is coming.

  2. Love your videos. Very helpful. Please keep updating us with stocks and indexes. Would you be willing to review bank nifty? Thank you so much!

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