Nifty 50 technical view for 14th March 2024

Hello everyone👏

It's a bloodbath today in all indices 😢
It's a massive profit booking, as followed by last few years.. Holi ke pehle hi holi kheli..
Now situation is sell on rise.. As it's a big red 🔴candlestick on daily charts..

*** trendline broken, momentum down
*** trend changed to LL & LH
### fib retracement levels 0.236 21890 hit & lower levels opened

In 30 min

*** rsi in oversold condition 25
*** price resist to 9 ma and falls
*** coming support 21870 - 21690 & 21560 - 21430 - 21349 - 21275 & 21155

Resistance - 22000 - 22080 - 22160 - 22230 - 22300 - 22372 - 22427..(its less chance to more upside)

Though us markets are positive
But Gold & Silver also positive.. And they are inversely connected to Indian market.. Let's see.

We can't predict market.. Just follow the trend.. As trend is our friend 😂

All levels and information provided here is for educational purposes only. No buy / sell recommendation🙏. DYOA & take action..

Hit 👊the like button and boost my post.. To spread the knowledge📚

Thank you🙏