Nifty Daily Analysis | Rounding Bottom

٢٥ أكتوبر ٢٠٢١

Nifty forming rounding bottom near the major support level, if the price action completes the pattern then we can see nifty to continue its uptrend. However there's a descending trendline which is working as a resistance therefore this trendline has to be cleared to complete the rounding bottom. Support for nifty is 18050 - 18000 & nearest resistance is the trendline and major resistance is 18314.

٢٦ أكتوبر ٢٠٢١

ملاحظة

Rounding Bottom almost getting completed