NIFTY DAILY - 4/4/2024
Nifty opens hug gap up and broke three days consolidation strike.
Nifty has made record high of 22619 level but didn’t survive at top.
Bear took charge and made days low of 22303 level, nifty recover almost in last couple of hours. Nifty has formed a big red body candle with long lower shadow, which indicates buyer were buying from lower ends. MACD is giving crossover.
Nifty is able to hold above 22500 level, to start next bounce towards 22520 and 22720 whereas support exists at 22404 levels.
Today’s Advance Decline ratio of NIFTY50
Advance - 31
Decline - 19
FII Sell – 1136.47 crore
DII Buy – 893.11 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.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Nifty has made record high of 22619 level but didn’t survive at top.
Bear took charge and made days low of 22303 level, nifty recover almost in last couple of hours. Nifty has formed a big red body candle with long lower shadow, which indicates buyer were buying from lower ends. MACD is giving crossover.
Nifty is able to hold above 22500 level, to start next bounce towards 22520 and 22720 whereas support exists at 22404 levels.
Today’s Advance Decline ratio of NIFTY50
Advance - 31
Decline - 19
FII Sell – 1136.47 crore
DII Buy – 893.11 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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