bikramkeshari11

NIFTY rectangle pattern formation

NSE:NIFTY   Nifty 50 Index
NIFTY after hitting the all-time high level it appeared to be moving in a rectangle today.

If either of levels broken we can see some good price movement

Important support level: ~20050.00
Important resistance level: ~20114.00


First target levels has been marked if either of those levels break.




Happy Trading:)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.