radha_23

NIFTY DAILY - 9/4/2024

NSE:NIFTY   Nifty 50 Index
Nifty opens with new high which is 22768 level, but bulls didn’t survive into todays trading session.

Into second half Bear overtake the market and erase all the gain and made days low that is 22612.

Nifty has formed big red body candle with lower shadow which indicates participants were selling from top end.

Nifty is trading near upper band of Bollinger Band.

Nifty is able to hold above 22600 level so next resistance can be 22720 level with support of 22518.

Today’s Advance Decline ratio of NIFTY50
Advance - 16
Decline - 34

FII Sell – 593.20 crore
DII Buy + 2257.18 crore.

⚠️ Important: Always maintain your Risk & Reward Ratio.

✅Like and follow to never miss a new idea!✅

Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Happy Gudi Padwa 🙏🏻

May This Year Brings You Lot's of Profit 🚀🚀

Eat🍜 Sleep😴 TradingView📈 Repeat 🔁

Happy learning with trading. Cheers!🥂

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.