Nifty opens gap up and hits records high which is 22783 level but didn’t sustain at upper level, into last trading hour nifty wipe out all day gain nifty was up by almost 120 points and turn negative -38 points.
Nifty has formed bearish Belt Hold Candle on daily chart which indicates participants were selling from day high.
RSI is around 57.
Nifty is able hold 22600 level so, further resistance will be 22700 level with support of 22425.
Today’s Advance Decline ratio of NIFTY50
Advance - 24
Decline - 25 Unchanged - 1
FII Buy + 1071.93 crores
DII Buy + 1429.11 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.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Nifty has formed bearish Belt Hold Candle on daily chart which indicates participants were selling from day high.
RSI is around 57.
Nifty is able hold 22600 level so, further resistance will be 22700 level with support of 22425.
Today’s Advance Decline ratio of NIFTY50
Advance - 24
Decline - 25 Unchanged - 1
FII Buy + 1071.93 crores
DII Buy + 1429.11 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!🥂