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mayurdhagiya

Nifty50 Daily Chart Analysis as of February 23, 2024 Disclaimer: I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. Overall: The Nifty 50 closed at 22,213 on February 23, 2024, marginally down by 0.02% from the previous day's close. Despite the minor dip, the index has been...

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Nifty 50 Daily Chart Analysis as of February 22, 2024 Overall: The Nifty 50 closed at 22,217.45 on February 22nd, 2024, gaining 0.74% from the previous day's close. This is the highest closing since February 8th, 2024. Despite the positive close, the index remains below its 200-day moving average (around 22,400), indicating a possible resistance level. ...

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Technical Analysis: Candle Pattern: The daily chart for February 21st shows a "Bearish Engulfing" pattern. This indicates a potential reversal in the upward trend, as the current day's candle completely engulfs the previous day's price range. Moving Averages: All major moving averages are still bullish, but the recent candle suggests a possible slowdown in the...

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Bank Nifty Analysis as of February 20, 2024 Current Status: The Bank Nifty is currently trading at 46,680, up 0.1% from the opening price. The intraday high was 46,845, and the low was 46,450. Technical Analysis: Overall Trend: The Bank Nifty is in a short-term consolidation phase after making significant gains recently. Doji Candle: A doji candle formed...

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Nifty 50 Daily Chart Analysis - February 20, 2024 Current Status: The Nifty 50 closed at 22,196.95, up 0.34% from the previous day. The intraday high was 22,215.60, and the low was 22,045.85. Trend and Moving Averages: The daily chart suggests a short-term bullish trend. The index recently broke above the 22,000 resistance level, confirming the uptrend. All...

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Disclaimer: I am not a financial advisor and this analysis should not be considered financial advice. Please do your own research and due diligence before making any investment decisions. Current Status: The NIFTY50 closed at 21,910.75, up 0.32% from the previous day's close. This suggests a continuation of the recent uptrend, but volatility...