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jellygill
Jan 3, 2024 12:46 AM

Nifty in consolidation Zone. 

Nifty 50 IndexNSE

Description

3 Jan 2024: Nifty50 has entered consolidation zone on 15min. chart and currently selling pressure is more than buying pressure.

21579 is the nearest Support and 21819 is nearest resistance. If the price clears any of these landmark points, the further down or up move can be expected.

Future Index positions of FIIs+DIIs (combined) indicate they are still bullish, so any good dip can be grabbed for medium to long term.

Keep watching your chart for real-time updates.
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