NIFTY DAILY - 23/5/2024
Nifty opens with positive note and bulls were aggressive from starting of the day, nifty made All Time High Record which is 22993 level with almost 369 points up which is around +1.64%.
Nifty has formed a big body bullish candle with small lower and upper shadow.
Candle is trading at upper Band of Bollinger Band and giving breakout of it.
Double Moving Averages are giving Crossover on Daily Chart.
Nifty has crossed the resistance level which was 22610 so further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support – 48677
Resistance – 48832
Today’s Advance Decline ratio of NIFTY50
Advance - 44
Decline - 6
FII Buy + 4670.95 crores
DII Buy + 146.51 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!🥂
Nifty has formed a big body bullish candle with small lower and upper shadow.
Candle is trading at upper Band of Bollinger Band and giving breakout of it.
Double Moving Averages are giving Crossover on Daily Chart.
Nifty has crossed the resistance level which was 22610 so further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support – 48677
Resistance – 48832
Today’s Advance Decline ratio of NIFTY50
Advance - 44
Decline - 6
FII Buy + 4670.95 crores
DII Buy + 146.51 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!🥂
Disclaimer
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