NIFTY --Technical trend analysis -- SEPT 2023
A. As seen on chart - 4 hours , seen double bottom consecutive support at 19250 level
B . Trendline resistance level seen at 19430-19450 level, near closing seen last trading session .
C. Falling Trendline breakout above 19450 on hourly candle, can see next target 19600-19800
D. Breakdown bellow 19230 double bottom support , if hourly candle close bellow 19230 , we can see downside target 18800 .
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk .!
HAPPY TRADING .!!
A. As seen on chart - 4 hours , seen double bottom consecutive support at 19250 level
B . Trendline resistance level seen at 19430-19450 level, near closing seen last trading session .
C. Falling Trendline breakout above 19450 on hourly candle, can see next target 19600-19800
D. Breakdown bellow 19230 double bottom support , if hourly candle close bellow 19230 , we can see downside target 18800 .
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk .!
HAPPY TRADING .!!
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