NIFTY DAILY - 19/3/2024

Nifty open with huge gap down and bear took control of it and made low of the day that is 21793 level.

Index has broke consolidation line and higher high higher low pattern.

Nifty has formed a big red body candle with upper and lower shadows.

Nifty has given closing below 22831 level which was its support level so, 21667 level will work as next support level and 21906 will work as resistance level.

Today’s Advance Decline ratio of NIFTY50
Advance - 9
Decline - 41

FII Buy + 1421.48 crore
DII Buy + 7449.48 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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