Nifty weekly analysis for 12/09/22.
Nifty on the weekly time frame has given a nice moment and is taking a resistance near 18000 level.
After a gap up opening it settle almost flat on the daily time frame.
On hourly time frame, the market has given a downside movement and closed near the 800 levels.
The market in the second half traded near the 20 ema on 15 minute and closed just below the level.
Support :- 17830, 17780, 17710
Resistance :- 17865, 17930, 18000
The markets can be on the weekly time frame has given a nice up move.
Wait for the price action near the levels before entering the markets.
After a gap up opening it settle almost flat on the daily time frame.
On hourly time frame, the market has given a downside movement and closed near the 800 levels.
The market in the second half traded near the 20 ema on 15 minute and closed just below the level.
Support :- 17830, 17780, 17710
Resistance :- 17865, 17930, 18000
The markets can be on the weekly time frame has given a nice up move.
Wait for the price action near the levels before entering the markets.
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.