NIFTY DAILY - 2/4/2024

Nifty open flat and made days high 22497 level buy didn’t sustain that level.

Index has formed another Doji candle on the daily chart at the top of the market which indicates thug of war between buyers and sellers as today’s closing was near the opening levels.

So, further levels for nifty will be 22336 will work as support level and 22520 will work as resistance level.

Today’s Advance Decline ratio of NIFTY50
Advance - 28
Decline - 22

FII Sell – 1622.69 crore
DII Buy + 1952.72 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 New Financial Year 🚀

Happy learning with trading. Cheers!🥂