Index "Spot Nifty 50" Weekly Trading View DATE: 11-01-2025
Jai Shri Ram!
http://www.fxlive.in/
Index "Spot Nifty 50" Weekly Trading View: as per technically "Nifty 50" created 2 time "Head & Shoulder" pattern before falling, now "Nifty 50" has major trend-line support level of ₹23170, any day market close below major support level of ₹23170 than we will see panic selling up to next support level of ₹22350 & ₹22000 and major support level is ₹21250, as per current scenario technical or fundamental is not so good for market. Now everyone hoping good news from our "Finance Minister" on Budget day and from RBI on next months monetary policy. As I said ₹23170 is good trend-line support zone, market can bounce back from here up to next resistance level of ₹23800 & ₹24100 and ₹24350. Am expecting selling on rise till fundamental is week
Regards
The Market thinker
MCX Commodity + NSE Equity and Forex Market
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