Nifty technical analysis 4th March 2024
Hello everyone👏
Hope you find the information given here useful.. ☺
**Weekly analysis**
Multitimeframe analysis
Monthly & weekly TF
*** trend bullish, momentum upside
*** bullish candlestick
*** resistance big upside 23200 & 23600 & support 22020 & 21980 (pivot)
Daily TF & hourly TF
*** momentum & trend upside
*** price taking rejection at 22400 level
*** price is above all ma
*** resistance - 22415 & 22542
*** support - 22280 - 22230.- 22205
Intraday
*** momentum slightly downward
*** inverted hammer candlestick
*** trend bullish
*** resistance - 22430 : 22550
*** support - 22357 : 22280 : 22215 : 21186
All information given is for educational purpose. No buy / sell recommendation.
Thank you🙏
Hope you find the information given here useful.. ☺
**Weekly analysis**
Multitimeframe analysis
Monthly & weekly TF
*** trend bullish, momentum upside
*** bullish candlestick
*** resistance big upside 23200 & 23600 & support 22020 & 21980 (pivot)
Daily TF & hourly TF
*** momentum & trend upside
*** price taking rejection at 22400 level
*** price is above all ma
*** resistance - 22415 & 22542
*** support - 22280 - 22230.- 22205
Intraday
*** momentum slightly downward
*** inverted hammer candlestick
*** trend bullish
*** resistance - 22430 : 22550
*** support - 22357 : 22280 : 22215 : 21186
All information given is for educational purpose. No buy / sell recommendation.
Thank you🙏
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