After yesterday’s choppy session Nifty has move upward.
Index was not able to sustain above 9 days Exponential Moving Average line and formed small green body candle with upper and lower shadow.
MACD has given Cross down which shows bearishness into market.
Index has broken the support level which was 22023 so we may see weakness till 21854 with resistance of 22115 level.
Today’s Advance Decline ratio of NIFTY50
Advance - 32
Decline - 18.
FII Buy + 3,568.11 crore
DII Sold -230.21 crore.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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