So as it was a holiday on occasion of Holi.. Our Indian market will open on Tuesday.. Can be a action pack / again consolidate trading week, as since few weeks Nifty traded in range of 22200 to 21950 & made low of 21700..
Any brekout of 22200 level it can be good for bull players for again hit tgt for 22300 & 22450 levels Or if again break 22 k will drop down to 21950 & 21860 to 21700 levels.. If 21680 didn't hold then selling pressure activated to coming up 21500 & 21350 levels simultaneously..
Have already plotted all levels on chart.
In multitimeframe trend analysis
*Monthly chart* ### Indecisive candlestick with support of 21700 & resistance 21530 Momentum bullish *Weekly chart* ### It's a bullish hammer candlestick, with support of 21710 & resistance of 22180 .. Momentum in bullish territory * Daily chart * ### its a bullish candlestick, Rsi inclined, 21800 demand zone & 22200 supply zone.. * Hourly chart* ### doji candlestick, it was a bullish crossover of 9 ma & momentum also bullish,.. Inverted head & shoulder seen.. Neckine was at 22080 So within 22180 & 21950 it can be good scalping trade opportunities again..
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All the levels and information provided here is only for educational purposes. No buy / sell recommendation 🙏 DYOA & trade accordingly.