NIFTY DAILY - 15/3/2024

Indian indices open with negative note and with gap down, bulls tried to stretch their arms and made days high that is 22120 level but, bear took the charge and made days low that is 1931 level.

Index has formed red body candle with upper and lower shadow.

Candle is formed below the trend line.

Further levels for nifty will be 22115 will work as resistance level and 22831 will work as support level.

Advance Decline ratio of NIFTY50
Advance - 11
Decline - 39

FII Buy + 848.56 crore
DII Sell – 682.26 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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