Nifty daily analysis for 13/09/22.
Nifty has been taking resistance near the round number resistance of 18000.
After a gap up opening the market hasn't moved much and consolidated in 50-60 points range.
The market after a nice push has consolidated and if the markets consolidates for one more day, a nice trending market can be there.
On 15 minute time frame, the market has closed just below the 20 ema and after initial gain consolidated whole day, gaining around 100 points on day to day close.
Support :- 17920,17830, 17780
Resistance :- 18000, 18090
Wait for the market to break today's high or low for getting the market view. The markets can remain volatile.
Wait for the price action near the levels before entering the markets.
After a gap up opening the market hasn't moved much and consolidated in 50-60 points range.
The market after a nice push has consolidated and if the markets consolidates for one more day, a nice trending market can be there.
On 15 minute time frame, the market has closed just below the 20 ema and after initial gain consolidated whole day, gaining around 100 points on day to day close.
Support :- 17920,17830, 17780
Resistance :- 18000, 18090
Wait for the market to break today's high or low for getting the market view. The markets can remain volatile.
Wait for the price action near the levels before entering the markets.
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