Nifty daily analysis for 04/10/23.
Nifty on the daily charts, has been trading below the 20 ema and has been closing in a same range of a few trading sessions.
A retracement and a consolidation is going on and market are yet to decide which side to move.
On the hourly charts, market remained inside the first hour candle and has closed below both the moving averages.
The market has closed near the 20 ema, on 15 minute time frame.
Support :- 19500, 19250
Resistance :- 19560, 19730
There are chances of market giving a trending move as it has consolidated in a range for 4-5 trading session.
Wait for the price action near the levels before entering the market.
A retracement and a consolidation is going on and market are yet to decide which side to move.
On the hourly charts, market remained inside the first hour candle and has closed below both the moving averages.
The market has closed near the 20 ema, on 15 minute time frame.
Support :- 19500, 19250
Resistance :- 19560, 19730
There are chances of market giving a trending move as it has consolidated in a range for 4-5 trading session.
Wait for the price action near the levels 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。