NIFTY trading ideas

٢٥ أغسطس ٢٠٢٢

NIFTY 50 index doesn't looks good somewhat H&S pattern I see strong resistance I see 17725 and support 17600. One can short for the target 17400/17200/17K, simple analysis if it breaks 17725 buy otherwise sell if breaks 17600. 18K is a psychological resistance it tested still overbought needs to cool down. Thank you