Nifty daily analysis for 31/03/23.
Nifty has been trading in a range for last 4 trading days, finally giving a close above the 17k levels but still trading near the resistance zone.
The market on the hourly charts, is showing a higher high higher low formation and the halt candle are showing some trend reversal signals.
The market on the expiry day has given a nice upside movement. There are resistances and there will slow moment as the general bull market shows.
On 15 minutes time frame, the market has formed a double top formation near the 200 ema and in the last hour has given a break out and closed above it.
Support :- 17050, 16920
Resistance :- 17200, 17300-20
Wait for the price action near the price level before entering the market.
The market on the hourly charts, is showing a higher high higher low formation and the halt candle are showing some trend reversal signals.
The market on the expiry day has given a nice upside movement. There are resistances and there will slow moment as the general bull market shows.
On 15 minutes time frame, the market has formed a double top formation near the 200 ema and in the last hour has given a break out and closed above it.
Support :- 17050, 16920
Resistance :- 17200, 17300-20
Wait for the price action near the price level before entering the market.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。