NIFTY DAILY - 26/4/2024
Nifty opens gap up but didn’t sustain at 22600 level.
Bears were back into the market and drag the Index to day’s low which is 22385.
Nifty has formed shaven head red body candle with lower shadow which indicates participants were selling from day’s high.
Nifty is taking support of 9 Days Exponential Moving Average Line.
Nifty has broken the support of 22424 level so, further support can be 22368 with resistance of 22562 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 33
FII Sell – 3408.88 crores
DII Buy + 4356.83 crores.
⚠️ 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!🥂
Bears were back into the market and drag the Index to day’s low which is 22385.
Nifty has formed shaven head red body candle with lower shadow which indicates participants were selling from day’s high.
Nifty is taking support of 9 Days Exponential Moving Average Line.
Nifty has broken the support of 22424 level so, further support can be 22368 with resistance of 22562 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 33
FII Sell – 3408.88 crores
DII Buy + 4356.83 crores.
⚠️ 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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