NIFTY DAILY - 25/4/2024
Nifty opens gap down but bulls stretch their arms for yet another session and made days high that is 22625.
Nifty was up almost 200+ points, at closing time nifty was up by 167 points which is 0.75%.
Index has formed a big green body candle with upper shadow on daily chart which indicates participants were buying from days lower level.
Candle is 90% above the 9 Days Exponential Moving Average Line.
MACD is on urge of Crossover. Nifty has broken the resistance of 22242 level so, further resistance will be 22700 level with support of 22425.
Today’s Advance Decline ratio of NIFTY50
Advance - 40
Decline - 10
FII Sell – 2823.33 crores
DII Buy + 6167.56 crores.
⚠️ 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!🥂
Nifty was up almost 200+ points, at closing time nifty was up by 167 points which is 0.75%.
Index has formed a big green body candle with upper shadow on daily chart which indicates participants were buying from days lower level.
Candle is 90% above the 9 Days Exponential Moving Average Line.
MACD is on urge of Crossover. Nifty has broken the resistance of 22242 level so, further resistance will be 22700 level with support of 22425.
Today’s Advance Decline ratio of NIFTY50
Advance - 40
Decline - 10
FII Sell – 2823.33 crores
DII Buy + 6167.56 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!🥂
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