NIFTY DAILY - 11/3/2024
Nifty open with negative note and made days low that is 22307.
Index has formed big bearish candle with lower shadow which indicates bears were creating pressure from top level.
Candle has taken support of 9 days Exponential Moving Average Line.
Nifty has broken the support of 22368 so further support will be 22272 level with 22381 resistance level.
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 33
FII Buy + 4212.76 crore
DII Buy +3238.39 crore.
⚠️ 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.
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Happy learning with trading. Cheers!🥂
Index has formed big bearish candle with lower shadow which indicates bears were creating pressure from top level.
Candle has taken support of 9 days Exponential Moving Average Line.
Nifty has broken the support of 22368 so further support will be 22272 level with 22381 resistance level.
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 33
FII Buy + 4212.76 crore
DII Buy +3238.39 crore.
⚠️ 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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