11/03/25

 

This is a 5-minute candlestick chart of the Nifty 50 index from TradingView. Here are some key observations:

  1. Current Price: The index is at 22,520.50, up +23.80 points (+0.11%).
  2. High & Low: The highest price recorded is 22,522.10, and the lowest is 22,496.55.
  3. Trend: The chart shows an uptrend, with higher highs and higher lows forming after an initial dip.
  4. Candlestick Pattern: The price action indicates bullish momentum, as most recent candles are green.
  5. Possible Resistance: Around 22,520-22,525, where price is currently testing.
  6. Support Levels: Previous consolidation near 22,460-22,480 might act as a support zone.


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