Nifty daily analysis for 25/08/22.
Nifty has given a inside candle on daily closing.
Nifty closed almost flat and the market consolidated whole day.
The market gained in the last trading hour of trading session and closed above hourly 20 ema.
On 15 minute chart analysis, market has respected the trading zone and remained between 20 and 200 ema.
Support :- 17480-500, 17375
Resistance :- 17710, 17830
Wait for the price action near the levels before entering the market.
Nifty closed almost flat and the market consolidated whole day.
The market gained in the last trading hour of trading session and closed above hourly 20 ema.
On 15 minute chart analysis, market has respected the trading zone and remained between 20 and 200 ema.
Support :- 17480-500, 17375
Resistance :- 17710, 17830
Wait for the price action near the levels before entering the market.
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