Forwarded from ₹B PREMIUM MAY '26 SERIES 🔥
Nifty trend remains choppy in short term. What traders should do on Wednesday
Nifty on Tuesday ended 127 points higher to form a long bull candle with lower-shadow on the daily chart as the index bounced back from near the support at 21,600 level.
The short-term trend of Nifty remains choppy with alternative candle formations like bull and bear. A sustainable move above the immediate resistance of 21800-21850 levels could open sharp upside towards another resistance of 22000-22100 levels in the near term, said Nagaraj Shetti of HDFC Securities.
Nifty on Tuesday ended 127 points higher to form a long bull candle with lower-shadow on the daily chart as the index bounced back from near the support at 21,600 level.
The short-term trend of Nifty remains choppy with alternative candle formations like bull and bear. A sustainable move above the immediate resistance of 21800-21850 levels could open sharp upside towards another resistance of 22000-22100 levels in the near term, said Nagaraj Shetti of HDFC Securities.
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₹B PREMIUM MAY '26 SERIES 🔥
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₹B PREMIUM MAY '26 SERIES 🔥
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