Nifty 50指数

NIFTY DAILY - 1/3/2024

84
The bulls attempted to stretch their arms and they succeed.

Nifty has broken resistance level and hit all time high that is 22353.

Index has formed shaven bottom big green body candle with small upper shadow which indicates participants were buying from lower end.

Today’s candle is halfway crossing above the 9 days Simple Moving Average.

Next levels for nifty will be 22520 upsides and 22066 level downsides.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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