#Nifty directions and levels for Jan 5th
"Giftnifty indicates a -5 point trend, suggesting that Nifty might open neutrally. after that If it experiences a pullback and effectively breaks the level of 21707, we can expect its continuation towards the 78% supply zone.we can expect its continuation towards the 78% supply zone
Bearish perspective: If the market opens with a gap-down or faces rejection around the 21707 level, we can anticipate a minimum 38% to 61% Fibonacci correction. Structurally, a correction might transform into the second leg of a correctional pattern.
Bearish perspective: If the market opens with a gap-down or faces rejection around the 21707 level, we can anticipate a minimum 38% to 61% Fibonacci correction. Structurally, a correction might transform into the second leg of a correctional pattern.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.