NIFTY DAILY - 24/5/2024
Nifty opens lower and made day low which is 22908 level, afterwards bulls drag the market upside and made All Time High that is 23026 level.
Nifty was highly volatile throughout the trading session, Nifty traded in between +50 points to -50 points for whole day.
Index has formed green body candle with long upper shadow which indicates seller were selling from days high.
Candle is trading at upper band of Bollinger Band.
Nifty is able to hold 22900 so, further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support – 48677
Resistance – 49334
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 32 Unchanged – 1
FII Sell – 944.83 crores
DII Buy + 2320.32 crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Nifty was highly volatile throughout the trading session, Nifty traded in between +50 points to -50 points for whole day.
Index has formed green body candle with long upper shadow which indicates seller were selling from days high.
Candle is trading at upper band of Bollinger Band.
Nifty is able to hold 22900 so, further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support – 48677
Resistance – 49334
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 32 Unchanged – 1
FII Sell – 944.83 crores
DII Buy + 2320.32 crores.
⚠️ 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.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
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