radha_23

NIFTY DAILY - 7/3/2024

NSE:NIFTY   Nifty 50 Index
Nifty open with Gap up and traded flat to positive after hitting records high that is 22525 level.

Nifty has formed small red body candle with lower and upper shadow.

Candle is trading near upper band of Bollinger Band.

Today nifty went above 22520 level which was resistance level but didn’t sustain, there for Nifty find nearest resistance 22520 level and nearest support lies around 22368 level.

Today’s Advance Decline ratio of NIFTY50
Advance - 30
Decline - 20

FII Buy + 7,304.11 crore
DII Buy + 2,601.81 crore.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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