NIFTY DAILY - 16/4/2024
Third gap down opening of Nifty50 due to global causes and ended lower for entire trading session.
Another 125 points down into third gap down (nearly 624 points drop in last 3 trading session).
Nifty has formed small body green candle with upper and lower shadows. MACD is giving Crossdown.
Nifty broken the support of 22242 so, further support will be near 21936 with resistance of 22214 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 16
Decline - 34
FII Sell – 4468.09 crores
DII Buy + 2040.39 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!🥂
Another 125 points down into third gap down (nearly 624 points drop in last 3 trading session).
Nifty has formed small body green candle with upper and lower shadows. MACD is giving Crossdown.
Nifty broken the support of 22242 so, further support will be near 21936 with resistance of 22214 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 16
Decline - 34
FII Sell – 4468.09 crores
DII Buy + 2040.39 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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