Nifty daily analysis for 20/09/22.
Nifty on the daily time frame has formed a doji. The market has taken a nice support from its 200 ema on the hourly time frame
The market after the initial push remain in a sideways mode and consolidated in a box.
On the 15 minute time frame, the market traded around its 20 ema.
Support :- 17480, 17380
Resistance :- 17660, 17640, 17710
The market remained in a sideways mode and a trending market is expected for tomorrow.
Wait for the price action near the levels before entering the markets.
The market after the initial push remain in a sideways mode and consolidated in a box.
On the 15 minute time frame, the market traded around its 20 ema.
Support :- 17480, 17380
Resistance :- 17660, 17640, 17710
The market remained in a sideways mode and a trending market is expected for tomorrow.
Wait for the price action near the levels before entering the markets.
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