Hello there👋
As said yesterday it's a gap down , but still nifty hold 22350 level & again reversed to 22500 .. 22270 to 22350 act as demand zone..
Mulitimeframe analysis :-
*** In monthly, Weekly chart.. Indecisive candlesticks seen & beraish diversion.. Trend is positive➕➕ on daily chart it's inverted hammer candlestick. Price resist 22500 levels & pull back.. It seems any fresh breakouts of 22500 level can gained upside momentum..
In 30 min price exactly took support of 50 ma & reverse.. It was a strong pull back towards 22500 .. 22460 & 22359 has been a consolidation range... Any break out / down gives good movement..
Also have posted on chart price going upward with a support of trendline.. See all the levels.. Exactly followed.
Levels for tomorrow
Resistance - 22460 : 22475 : 22500 : 22527 : 22560 : 22600 : 22622
Support - 22417 : 22380 : 22347 : 22308 : 22273 : 22220
All levels and information given is strictly for educational purposes. No buy/sell recommendation. 🙏
DYOA & make decisions.
Please hit 👊 the like button and boost my post to spread the knowledge.
Thank you🙏
Gifty nifty touched new high..
Market can be gap up tomorrow.. 🤔
As said yesterday it's a gap down , but still nifty hold 22350 level & again reversed to 22500 .. 22270 to 22350 act as demand zone..
Mulitimeframe analysis :-
*** In monthly, Weekly chart.. Indecisive candlesticks seen & beraish diversion.. Trend is positive➕➕ on daily chart it's inverted hammer candlestick. Price resist 22500 levels & pull back.. It seems any fresh breakouts of 22500 level can gained upside momentum..
In 30 min price exactly took support of 50 ma & reverse.. It was a strong pull back towards 22500 .. 22460 & 22359 has been a consolidation range... Any break out / down gives good movement..
Also have posted on chart price going upward with a support of trendline.. See all the levels.. Exactly followed.
Levels for tomorrow
Resistance - 22460 : 22475 : 22500 : 22527 : 22560 : 22600 : 22622
Support - 22417 : 22380 : 22347 : 22308 : 22273 : 22220
All levels and information given is strictly for educational purposes. No buy/sell recommendation. 🙏
DYOA & make decisions.
Please hit 👊 the like button and boost my post to spread the knowledge.
Thank you🙏
Gifty nifty touched new high..
Market can be gap up tomorrow.. 🤔
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.