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NIFTY DAILY - 16/2/2024
Nifty 50 Index
NIFTY DAILY - 16/2/2024
By radha_23
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Feb 16, 2024
3
Feb 16, 2024
One more gap up opening of Indian index.
Fourth winning strike of Bulls and started the day with positive momentum.
Index has formed small body green candle with upper and lower shadow on daily chart.
MACD is giving crossover which indicates bullishness into the market.
So further uptrend can be seen towards 22115 with support of 21893 level.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Chart Patterns
Technical Indicators
macdcrossover
niftydaily
Trend Analysis
radha_23
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