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Market is indecisive as it gave a perfect Doji.

Nifty 50 Index (NSE:NIFTY)  
Happy_Candles_Investment  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Support and Resistance Candlestick Analysis NIFTY nifty50 niftytrend niftysupportandresistance niftysupports niftyresistances spotnifty Doji marketoutlook
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trendanalysis supportandresistance candlestick nifty nifty50 niftytrend niftysupportandresistance niftysupports niftyresistances spotnifty doji marketoutlook
The market today gave a positive closing above 50 days EMA which was at 19285 which was a good sign but the candle that we saw today was a DOJI candle or a Perfect DOJI candle. This means that the market is indecisive. Only if the support at 19285 is held tomorrow or for the reminder of the week, Nifty can think of a recovery. Supports on the lower side for Market are 19285, 19229, 19145 and 19024. Below 19024 the market can fall upto the levels of 18861 or more. On the upper side the resistances will be at 19367, 19488 and 19587.
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