WHY NIFTY WENT UPWARDS TODAY - 28/04/23

Indeks Nifty 50 (NSE:NIFTY)

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NSE:NIFTY Indeks Nifty 50

Support and Resistance Chart Patterns Candlestick Analysis NIFTY Technical Analysis candlestickpattern supportandresistancezones trading niftytrend

supportandresistance chartpattern candlestick nifty technicalanalysis candlestickpattern supportandresistancezones trading niftytrend

Nifty took support twice from yesterday's resistance zone (resistance was tested twice yesterday)
Cradle pattern involving doji, hammer, hanging man was formed in the middle of the day indicating upcoming sudden directional movement which came later in the day

Komen:

snapshot

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there is also the volume surge occurred right after the reversal from the previous day support line which made the upward move even more stronger during the end of the day

Penafian

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