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Nifty 50 Index

NIFTY is trading in a zone

By dev1234
In the daily chart Nifty is trading in a zone. The 50day moving average is at 24022 which is presently acting as the support system of nifty and on the upward 24338 and 24315 is acting as the resistance. so if nifty crosses on the either side with big volume then we can see the upward movement or downward movement or viceversa..
#nifty #nifty25k #trading #investing #indianstockmarket
Note
as we have told you in this post that if nifty crosses 24338 on the upside then it will blast on the upside and today nifty has opened on 24334 and sustained above the mentioned level. presently nifty is trading above 24450.
Chart PatternsTechnical IndicatorsTrend Analysis
dev1234

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