Nifty technical analysis for 5th April 24
Hello there👋
Today's nifty closed on 22514..positive
After opening gap up nifty again made new high 22619 & reversed touched 22300. Again pulled back to 22500..
Technically in daily tf
Bearish diversion it's a hammer candlesticks on top. Still nifty having 22370 : 22220 & 22170 coming support levels.. 22300 to 22420 again supported as demand zone.
Levels for tomorrow
Resistance - 22560 : 22580 : 22620 : 22657 : 22705
Support - 22489 : 22473 : 22452 : 22413 : 22382 : 22340 : 22290 ( pivot)
Gift nifty again made new high..
Fed rate cut still not in action... Can be happened 2024 but not in coming sessions.. Positive ++
Gold made new high.. Metals also made highs..
India vix down.. Below 12 ..
Mixed cues
All the levels and information given is strictly for educational purposes. No buy / sell recommendations🙏
DYON & make decisions.
Hit 👊 the like button and boost my post To spread the knowledge📚
Thank you🙏
Today's nifty closed on 22514..positive
After opening gap up nifty again made new high 22619 & reversed touched 22300. Again pulled back to 22500..
Technically in daily tf
Bearish diversion it's a hammer candlesticks on top. Still nifty having 22370 : 22220 & 22170 coming support levels.. 22300 to 22420 again supported as demand zone.
Levels for tomorrow
Resistance - 22560 : 22580 : 22620 : 22657 : 22705
Support - 22489 : 22473 : 22452 : 22413 : 22382 : 22340 : 22290 ( pivot)
Gift nifty again made new high..
Fed rate cut still not in action... Can be happened 2024 but not in coming sessions.. Positive ++
Gold made new high.. Metals also made highs..
India vix down.. Below 12 ..
Mixed cues
All the levels and information given is strictly for educational purposes. No buy / sell recommendations🙏
DYON & make decisions.
Hit 👊 the like button and boost my post To spread the knowledge📚
Thank you🙏
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