NIFTY Opening On 26th Feb 2024

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NIFTY Opening On 26th Feb 2024

NIFTY 7

The run up to the present level , CAN be seen as a wave 1 triangle in the making. If this assumption is correct , then we can have a possible brakes on momentum and can have a support on the upper boundary of the triangle BEFORE correcting to wave 2 shown in the blue rectangle.
Sectors showing signs of tiredness and may correct- PHARMA, IT

NIFTY PHARMA

pharma 5

NIFTY PHARMA-CIPLA

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cipla 5

NIFTY OIL AND GAS

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oil and gas 2

NIFTY OIL AND GAS-BPCL

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bpcl 3

NIFTY IT

IT 4

NIFTY IT-HCL TEC

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HCL TEC 1

NIFTY FMCG

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FMCG 5

NIFTY FMCG-ITC

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ITC 1

NIFTY BANK

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NIFTY BANK 3

NIFTY BANK- HDFC BK

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HDFC BANK

NIFTY AUTO

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AUTO 2

NIFTY AUTO-TATA MOTORS

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TATA MOTORS
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