After a three choppy session Nifty hit a new high in second half that is 22497 level.
Nifty has formed a big green body candle with long lower shadow which indicates buyers were buying from lower end and upper shadow.
Candle has taken support of 9 days Exponential Moving Average.
Nifty find nearest resistance 22520 level and nearest support lies around 22269 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 35
Decline - 15
FII Buy + 2,766.75 crore
DII Buy + 2,149.88 crore.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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