NIFTY DAILY - 6/02/2024
Indian indices open with negative note and made days low that is 21737.55 but after wards bull’s takeover the market and made days high that is 21951.40.
Index has form green body candle with upper and lower shadow which indicates Buyers were buying from lower end because lower shadow is long as compare to upper shadow.
MACD has given Crossover which shows bullishness into market.
Candle is trading above on 20 days SMA line. we may see bullish run till 22124 with support of 21893 level.
Index has form green body candle with upper and lower shadow which indicates Buyers were buying from lower end because lower shadow is long as compare to upper shadow.
MACD has given Crossover which shows bullishness into market.
Candle is trading above on 20 days SMA line. we may see bullish run till 22124 with support of 21893 level.
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