ajnil87

Nifty technical analysis for 20th Feb 2024

NSE:NIFTY   Nifty 50 Index
Hello everyone,

Nifty again made indecision candle on daily chart. Momentum slightly upside, price trade above all ma.

Price breaks ATH so be cautious.

Immediate resistance - 22249
Immediate support - 22050

In hourly chart slightly profit booking done in last hour

Support - 22090 & 21980 - 21927
Resistance - 22160 22210 22260

In 30 min price closed below 13 ma.

Have a profitable day😇

All the levels given are for educational purposes only. No buy / sell recommendation. 🙏







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