Nifty daily analysis 07/10/22.
Nifty on the daily time frame has formed a doji candle. The market consolidated whole day and sell off in the second half of the trading session.
The market has taken support from the 20 DMA.
Market has gained only 50-60 points.
On the 15 minute time frame, market has closed below 20 ema.
Support :- 17260, 17230, 17170
Resistance :- 17360, 17410, 17480
Wait for the price action near the levels before trading the market.
The market has taken support from the 20 DMA.
Market has gained only 50-60 points.
On the 15 minute time frame, market has closed below 20 ema.
Support :- 17260, 17230, 17170
Resistance :- 17360, 17410, 17480
Wait for the price action near the levels before trading the market.
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