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ssvirdi
Mar 13, 2023 12:21 PM

Nifty March Futures analysis on 30m and 4h time frame Short

S&P CNX NIFTY INDEX FUTURES (MAR 2023)NSE

Description

Technical Data - Negative (30m and 4h charts)

Intraday Chart
The price is far away from 20ema line. Both of them will try to touch each other by Time Wise Correction or Price Wise Correction.
So on intraday level a small recovery might be seen.

Swing Chart
On 4h chart the technical data shows the weakness in the chart. A new low of this swing can be tested this week.

Thanks
Er. Simranjit Singh Virdi

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