Multi-Timeframe Analysis of NIFTY (MONTHLY)

24 בספט׳ 2020

As you can see on monthly chart NIFTY is forming bearish engulfing and most probably it will take a support at 10150 levels (fibonacci 38.2% 1D TF) if it breaks the current support explained in previous chart.
If it breaks that level further support will be at 9000 levels.

-MOHIT RAJANI