Nifty has given a nice move and has given a bullish engulfing candle.
It has given a nice bullish candle and closed above its 20 DMA.
In the last trading hour market gave a bullish move and smaller time frame bearish trend seems to be over.
Support :- 16570, 16325
Resistance :- 16680, 16825
Market has been given a nice movement and can remain in green.
Wait and watch the price action near the levels before trading the market.
It has given a nice bullish candle and closed above its 20 DMA.
In the last trading hour market gave a bullish move and smaller time frame bearish trend seems to be over.
Support :- 16570, 16325
Resistance :- 16680, 16825
Market has been given a nice movement and can remain in green.
Wait and watch the price action near the levels before trading the market.
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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.