NIFTY DAILY - 21/2/2024
Market falls from nifty’s new all-time high that is 22249 level and Bulls lose its winning streak in the market.
Nifty formed shaven head candle on the daily chart which indicates participants are selling from higher level.
Nifty has formed Bearish Engulfing Pattern on daily chart which indicates trend reversal.
We may see further weakness in market.
Nearest support will be 21986 level with resistance of 22381 level.
⚠️ 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 formed shaven head candle on the daily chart which indicates participants are selling from higher level.
Nifty has formed Bearish Engulfing Pattern on daily chart which indicates trend reversal.
We may see further weakness in market.
Nearest support will be 21986 level with resistance of 22381 level.
⚠️ 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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