Nifty has given a nice marubozu candle on daily time frame.
The markets opened higher and remained in a bullish trend.
On 15 minute time frame analysis, there is a bullish moving averages cross over.
The market has respected the resistance level and has closed just below it.
Support:- 16150, 16020
Resistance:- 16290, 16400, 16480
The market seems bullish and can remain in the bullish mode.
Wait for the price action near the levels before entering the time frame
The markets opened higher and remained in a bullish trend.
On 15 minute time frame analysis, there is a bullish moving averages cross over.
The market has respected the resistance level and has closed just below it.
Support:- 16150, 16020
Resistance:- 16290, 16400, 16480
The market seems bullish and can remain in the bullish mode.
Wait for the price action near the levels before entering the time frame
