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Nifty daily analysis for 13/10/22(weekly expiry)

NSE:NIFTY   Indeks Nifty 50
Nifty on the daily time frame has formed an inside candle and gained 140 points . Market is still trading between both the moving averages.

The market, on the hourly time frame, has closed just above the 20 ema.

In second half of the trading session market has given a nice up move and took resistance from 17135 level.

Support:- 17065, 16990, 16920
Resistance:- 17135, 17170, 17230

Wait for the price action near the levels before trading the markets.

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