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Sandeep_CA

Market Analysis Journal on Nifty BankNifty for Nov 24th 2023

Long
Nifty 50 Index (NSE:NIFTY)  
Sandeep_CA  
NSE:NIFTY   Nifty 50 Index
Technical Indicators Chart Patterns Trend Analysis
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indicator chartpattern trendanalysis
Nifty opened around Previous day’s high and found selling till 19875 levels and couldn’t sustained buying and sold oft previous day’s close levels to end around that. Price action was sideways with no clear direction. Nifty Futures Open Interest was positive and price was flat. No much take away for the expiry day.
Bank Nifty started flat and closed around the upper edge of trading range for the day. Price action was positive with a bullish candle but couldn’t close above 5&21DEMA. BankNifty Futures Open Interest was flat with increase in price.

US Futures were trading flat and has no major events today for markets to react to.
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