NIFTY50 Daily Review from 19 March 2021
I am starting a daily / weekly update for recording and notes taking on Nifty's behaviour from it 50 EMA recovery.
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Weekly View
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Showed a strong recover but fails to move above and took a u turn back to 50D EMA
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Bounced from FIBO levels and back around 50D EMA
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Nifty is still not out of the Danger ZONE
on Friday 09 April 2021 Nifty Made a DOJI candle and on Monday open it was gap down with closing top of Budget Day Candle which is currently considered as Support ZONE.
on Friday 09 April 2021 Nifty Made a DOJI candle and on Monday open it was gap down with closing top of Budget Day Candle which is currently considered as Support ZONE.
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Today Buying support came in with Volume Expansion on 25m TF.
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Market Update
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All Index Review
silenThunderr
