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NIFTY DAILY - 7/2/2024
Nifty 50 Index
Long
NIFTY DAILY - 7/2/2024
By radha_23
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Feb 7
2
Feb 7
Indian indices open with a gap up but Bear capture the Indian Indices and took the index to low of the day that is 21860.
Formed bearish candle with upper and long lower shadow that indicates bears were aggressive thought the session.
Double Moving Averages is giving crossover as shown in chart.
Nifty can find nearest support at 21893 and 22124 will be work as its resistance level.
Chart Patterns
doublemovingaverage
Technical Indicators
niftydaily
Relative Strength Index (RSI)
Trend Analysis
radha_23
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