Nifty technical view for 13th March 2024

Hello everyone👏,

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US market trading positive.. ✌
Gift nifty also ++
Cruide down.. Doller index flat..
It seems positive for Indian market..
IV also down by 2.57℅
On daily chart

*** Doji candlestick
*** price closed above yesterday closing, momentum bearish to flat
*** price is above on all moving averages
*** since March session market is in tight range of 22550 & 22230 (volatile)
Any breakout with good volume can decide further move.. ₹₹₹

In hourly tf

*** momentum in zig zag position. Huge volatility.
*** invert cup & handle seen
*** Bollinger bands upper level (resistance) 22565
Middle level 22410 & lower band level (support) 22229
*** closing indecisive candlestick

For intraday
*** bullish diversion, momentum inclined
*** for upside :- 22375 ; 22412 ; 22450 ; 22520 & Ath
*** for downside :- 22290 ; 22250 ; 22212 ; 22113 ; 22080 (major support)

All levels and information provided is only for educational purposes. No buy / sell recommendation🙏 DYOA & make decisions.

Thank you🙏