Nifty 50 technical analysis for 29th Feb 2024

Hello everyone,

Today Nifty fall around 1℅
Aa market faced resistance at 22300 level ..

Daily TF

*** momentum down at 51.34
*** price closed below all ma except 50 ma
*** big red bearish candlestick made
*** price in ascending channel
*** resistance - 22040 & 22120
*** support - 21850 & 21770

Hourly TF

*** bearish flag pattern made & fall
*** LL & LH made
*** last hour price resist 21960 & close below
*** momentum weak 36.85
*** resistance - 21956 - 22040 - 22120
*** support - 21868 - 21830 - 21785

For intraday

*** support - 21880 - 21830 - 21740
*** resistance - 21950 - 22020 - 22090 - 22115

All pivot levels.
*Tomorrow is monthly expiry*

All levels given are for education purpose. No buy / sell recommendation.

Thank you🙏