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Nifty Energy
Last close: 21,801.80 (buy on dips)
Last close: 21,801.80 (buy on dips)
The index has observed a downward trend in the near term, but there are several technical indicators that suggest the index could experience a potential uptrend. For instance, the Relative Strength Index (RSI) is flat, which could indicate that all dips should be bought from now onwards.
Furthermore, the Bollinger Bands are showing a support level around 21,400, while the Pivot levels are also showing a support level around 21,200.
Based on these technical indicators, it appears that the index will find support around 21,400 and 21,200, which could represent the
Furthermore, the Bollinger Bands are showing a support level around 21,400, while the Pivot levels are also showing a support level around 21,200.
Based on these technical indicators, it appears that the index will find support around 21,400 and 21,200, which could represent the
