ajnil87

Nifty technical analysis for 22nd March 2024

Long
NSE:NIFTY   Nifty 50 Index
Hello everyone👏

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After made low of 21715 today it's gap up and closed +++ above 22k..as the global cues also positive & market already correct from the highs. So it's a pull back✌

As per chart the levels are followed.as yesterday market trade around 21900 level after hitting low of 21715 as 21900 was a resistance today it broken with gap & again made high nearby 22117 level mark on the chart & closed at below support 22036..as after 2nd session market go in rangebound phase.

In 30 min

*** price make HH & HL
*** momentum flat to bullish
*** price resist 22069 & down & before it was 22113
*** & 21940.coming a support now till 22k holds.

Levels for intraday
22080 to 21940 it's a scalping zone.. As today market broke with a gap still didn't hold & down

### resistance - 22050 : 22090 : 22135 : 22167 : 22202 : 22245 & 22305. Above 22299 will decide next trend

### support - 21986 - 21962 - 21940 :
21907 : 21886 : 21862 : 21821 : 21789 : 21740 & 21677

All levels and information provided here is only for educational purposes. No buy / sell recommendation. 🙏 please DYOA and make decisions..

Thank you🙏


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