NIFTY DAILY - 24/4/2024

Gap up opening into Nifty and bulls stretch their arms for another session and made days high which is 22476 level.

Nifty was almost choppy(flat) during trading hours.

Into last trading hours nifty made days low which is 22384 and gave closing near todays opening level.

Nifty has formed small red body candle with upper and lower shadows.

Double Moving Averages are giving crossdown. Nifty has given closing above 22400 level so, further 22556 level will work as resistance level and 22242 will work as support level.

Today’s Advance Decline ratio of NIFTY50
Advance - 30
Decline - 20

FII Sell – 2511.74 crores
DII Buy – 3809.90 crores.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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