Nifty on the daily time frame has formed a doji. The market has taken a nice support from its 200 ema on the hourly time frame
The market after the initial push remain in a sideways mode and consolidated in a box.
On the 15 minute time frame, the market traded around its 20 ema.
Support :- 17480, 17380
Resistance :- 17660, 17640, 17710
The market remained in a sideways mode and a trending market is expected for tomorrow.
Wait for the price action near the levels before entering the markets.
The market after the initial push remain in a sideways mode and consolidated in a box.
On the 15 minute time frame, the market traded around its 20 ema.
Support :- 17480, 17380
Resistance :- 17660, 17640, 17710
The market remained in a sideways mode and a trending market is expected for tomorrow.
Wait for the price action near the levels before entering the markets.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.