Nifty opens gap down, bulls were trying to sustain into the market and made days high that is 22513.

Nifty has form green body small candle with long lower shadow which indicates participants were buying from lower end.

Nifty traded flat throughout the session Nifty has given closing near yesterday’s closing.

Nifty is able to hold above 22500 level, to start next bounce towards 22520 and 22720 whereas support exists at 22404 levels.

Today’s Advance Decline ratio of NIFTY50
Advance - 20
Decline - 28
Unchanged - 2

FII Sell – 1659.27 crore
DII Buy – 3370.42 crore.

⚠️ 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.

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Chart PatternsTechnical IndicatorsniftydailyTrend Analysis

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