NIFTY DAILY - 15/5/2024
Nifty opens gap up and mad days high which is 22297 level but didn’t survive upper level and bear drag the nifty down to the 22151 points, after that index was in a consolidation and gave flat to bearish closing which is -17 points.
Index has formed red body candle with upper and lower shadow.
Candle is crossing 9 Days Moving Average Line on daily chart.
Nifty is able to hold 22200 level so, further resistance can be 22273 with support of 22166 level.
Bank Nifty levels
Support – 47305 Resistance – 48110
Today’s Advance Decline ratio of NIFTY50
Advance - 23
Decline - 27
FII Sell – 2832.83 crores
DII Buy + 3788.38 crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Index has formed red body candle with upper and lower shadow.
Candle is crossing 9 Days Moving Average Line on daily chart.
Nifty is able to hold 22200 level so, further resistance can be 22273 with support of 22166 level.
Bank Nifty levels
Support – 47305 Resistance – 48110
Today’s Advance Decline ratio of NIFTY50
Advance - 23
Decline - 27
FII Sell – 2832.83 crores
DII Buy + 3788.38 crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
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.