jellygill

Nifty in consolidation Zone.

NSE:NIFTY   Nifty 50 Index
3 Jan 2024: Nifty50 has entered consolidation zone on 15min. chart and currently selling pressure is more than buying pressure.

21579 is the nearest Support and 21819 is nearest resistance. If the price clears any of these landmark points, the further down or up move can be expected.

Future Index positions of FIIs+DIIs (combined) indicate they are still bullish, so any good dip can be grabbed for medium to long term.

Keep watching your chart for real-time updates.

To avail FREE TRIAL for all our invite-only indicators, please contact us:

Telegram: @jellygill

Our Telegram Channel: @CheetaTrader

join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
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.