The markets are jittery and trend is still not defined.
Nifty filled the gap created by the gap down and remained in a bullish trend for the day.
Nifty has formed an inverted hammer candle on daily analysis.
On a smaller time frame the market closed above its 20 and 200 ema.
Support:- 15690, 15625
Resistance:- 15850, 15780, 15920
Wait for the price action near the levels before trading the markets.
Nifty filled the gap created by the gap down and remained in a bullish trend for the day.
Nifty has formed an inverted hammer candle on daily analysis.
On a smaller time frame the market closed above its 20 and 200 ema.
Support:- 15690, 15625
Resistance:- 15850, 15780, 15920
Wait for the price action near the levels before trading 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.
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.