Nifty open flat and made days high 22497 level buy didn’t sustain that level.
Index has formed another Doji candle on the daily chart at the top of the market which indicates thug of war between buyers and sellers as today’s closing was near the opening levels.
So, further levels for nifty will be 22336 will work as support level and 22520 will work as resistance level.
Today’s Advance Decline ratio of NIFTY50 Advance - 28 Decline - 22
FII Sell – 1622.69 crore DII Buy + 1952.72 crore.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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