TradingView
Mambotrade
Sep 19, 2022 11:10 AM

Nifty daily analysis for 20/09/22. 

Nifty 50 IndexNSE

Description

Nifty on the daily time frame has formed a doji. The market has taken a nice support from its 200 ema on the hourly time frame

The market after the initial push remain in a sideways mode and consolidated in a box.

On the 15 minute time frame, the market traded around its 20 ema.

Support :- 17480, 17380
Resistance :- 17660, 17640, 17710

The market remained in a sideways mode and a trending market is expected for tomorrow.

Wait for the price action near the levels before entering the markets.
More