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NIFTY DAILY - 9/4/2024
Nifty 50 Index
NIFTY DAILY - 9/4/2024
By radha_23
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Apr 9
2
Apr 9
Nifty opens with new high which is 22768 level, but bulls didn’t survive into todays trading session.
Into second half Bear overtake the market and erase all the gain and made days low that is 22612.
Nifty has formed big red body candle with lower shadow which indicates participants were selling from top end.
Nifty is trading near upper band of Bollinger Band.
Nifty is able to hold above 22600 level so next resistance can be 22720 level with support of 22518.
Today’s Advance Decline ratio of NIFTY50
Advance - 16
Decline - 34
FII Sell – 593.20 crore
DII Buy + 2257.18 crore.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy Gudi Padwa
🙏🏻
May This Year Brings You Lot's of Profit 🚀🚀
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
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