NIFTY DAILY - 26/3/2024
Nifty opens with gap down and bulls enter into the market and made days high that is 22073.
Index has formed green body shaven bottom candle which indicates participants were buying from lower end.
Candle is above 50 Day’s Exponential Moving Average.
Nifty is able to hold above on 22000 level so that next hurdle level can be 22115 and weakness could be seen towards 21831 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 20
Decline - 30
FII Buy + 10.13 crore
DII Buy + 5024.36 crore.
⚠️ 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!🥂
Index has formed green body shaven bottom candle which indicates participants were buying from lower end.
Candle is above 50 Day’s Exponential Moving Average.
Nifty is able to hold above on 22000 level so that next hurdle level can be 22115 and weakness could be seen towards 21831 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 20
Decline - 30
FII Buy + 10.13 crore
DII Buy + 5024.36 crore.
⚠️ 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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