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Nifty view for 02/07/22

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Moving Averages Multiple Time Frame Analysis BANKNIFTY NIFTY niftytrend niftyprediction niftyanalysis niftyoutlook niftyview niftytradesetup niftyintradaylevels
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supportandresistance movingaverage mtfa banknifty nifty niftytrend niftyprediction niftyanalysis niftyoutlook niftyview niftytradesetup niftyintradaylevels
The markets are jittery and trend is still not defined.

Nifty filled the gap created by the gap down and remained in a bullish trend for the day.

Nifty has formed an inverted hammer candle on daily analysis.

On a smaller time frame the market closed above its 20 and 200 ema.

Support:- 15690, 15625
Resistance:- 15850, 15780, 15920

Wait for the price action near the levels before trading the markets.

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