ajnil87

Nifty Technical Analysis for 5th March 2024

NSE:NIFTY   Nifty 50 Index
Hello everyone👏

Hope that, the information & levels providing here are useful to all of you☺

Nifty 50 Index again made new ATH

Done weekly detailed analysis in previous post..

Daily TF

*** indecisive candlestick
*** momentum upside
*** price exactly closed on 22400
*** resistance 22655 & support 22237

Intraday

*** price is above 50 ma.. And below all other ma
*** indecision candlestick
*** momentum flat to downward
*** bearish diversion
*** price is consolidated between 22440 :: 22350 any break out can decide further move
*** immediate resistance 22420 & immediate support 22380 (pivot)

Levels for tomorrow
Upside - 22417 : 22450 : 22490 : 22505 : 22550
Downside - 22370 : 22312 : 22285 : 22240 : 22205 : 22120

All information & levels given are for educational purpose.

Hit the like icon, and spread the knowledge 👊

Thank you🙏

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.