NIFTY DAILY - 30/5/2024
Fifth winning streak of bears with huge gap down.
Bears were aggressive from starting of the day and made day’s low which is 22417 level with almost 270 points.
Nifty has formed big body bearish candle with upper and lower shadow on daily chart.
Candle is trading below 9 Days Simple Moving Average line on daily chart.
22313 will work as support level with resistance of 22586 level.
Bank Nifty levels
Support – 48276
Resistance – 48832
Today’s Advance Decline ratio of NIFTY50
Advance - 10
Decline - 40
FII Sell – 3050.15 crores
DII Buy + 3432.92 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!🥂
Bears were aggressive from starting of the day and made day’s low which is 22417 level with almost 270 points.
Nifty has formed big body bearish candle with upper and lower shadow on daily chart.
Candle is trading below 9 Days Simple Moving Average line on daily chart.
22313 will work as support level with resistance of 22586 level.
Bank Nifty levels
Support – 48276
Resistance – 48832
Today’s Advance Decline ratio of NIFTY50
Advance - 10
Decline - 40
FII Sell – 3050.15 crores
DII Buy + 3432.92 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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