Hello everyone👋
Today after gap up opening, market stays consolidation whole day.. Nifty made new high today 22529 & again drag down till 22427.
Ultimately closing positive.. 😀
As per the chart market test the trendline & again took support of 22430 .. Jab tak price 22227 ke upar hai.. Positive momentum intact hai. Also 22170 & 22k another strong support.
Market faces resistance at 22500 levels.. So whenever it breaks & hold, nifty again gain 150 pts upside.. 22550 22630 .. Have Mark levels on chart 📊
In 4 hrs price took support of 22280 & reverse rsi also bullish.. & in daily tf price closed above 20 ma.. Looking strong near terms..
In 30 min it looks like bull flag
Rsi flat still in bullish teritory.. Price making HH & HL..
In 15 min last closing session nifty reverse & closed above 50ma (since 27th March price Going upward)
Levels for tomorrow
Resistance - 22530 : 22560 : 22620 : 22700 ( pivot pts)
Support - 22407 : 22370 : 22319 : 22278 : 22170..
Overall trend positive ➕😉✌
Hit 👊 like button & boost my post to spread the knowledge📚
All levels & information given is only for educational purposes. No buy / sell recommendations. DYON and make decisions.
Thank you🙏
Today after gap up opening, market stays consolidation whole day.. Nifty made new high today 22529 & again drag down till 22427.
Ultimately closing positive.. 😀
As per the chart market test the trendline & again took support of 22430 .. Jab tak price 22227 ke upar hai.. Positive momentum intact hai. Also 22170 & 22k another strong support.
Market faces resistance at 22500 levels.. So whenever it breaks & hold, nifty again gain 150 pts upside.. 22550 22630 .. Have Mark levels on chart 📊
In 4 hrs price took support of 22280 & reverse rsi also bullish.. & in daily tf price closed above 20 ma.. Looking strong near terms..
In 30 min it looks like bull flag
Rsi flat still in bullish teritory.. Price making HH & HL..
In 15 min last closing session nifty reverse & closed above 50ma (since 27th March price Going upward)
Levels for tomorrow
Resistance - 22530 : 22560 : 22620 : 22700 ( pivot pts)
Support - 22407 : 22370 : 22319 : 22278 : 22170..
Overall trend positive ➕😉✌
Hit 👊 like button & boost my post to spread the knowledge📚
All levels & information given is only for educational purposes. No buy / sell recommendations. DYON and make decisions.
Thank you🙏