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Mambotrade
Sep 5, 2022 12:11 PM

Nifty daily analysis for 06/09/22. 

Nifty 50 IndexNSE

Description

Nifty remained in green whole and consolidated in the second half of the trading session

In the initial hour the market gave a nice movement but couldn't cross the level of 17670.

On the 15 minute time frame, a bullish moving average crossover was there and market respected the 20 ema.

Support :- 17620, 17480, 17380
Resistance :- 17675, 17710, 17830

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