WHY NIFTY WENT UPWARDS TODAY - 28/04/23

٢٨ أبريل ٢٠٢٣

• Nifty took support twice from yesterday's resistance zone (resistance was tested twice yesterday)
  
  
• Cradle pattern involving doji, hammer, hanging man was formed in the middle of the day indicating upcoming sudden directional movement which came later in the day
  
  

٢ مايو ٢٠٢٣

ملاحظة

٢ مايو ٢٠٢٣

ملاحظة

there is also the volume surge occurred right after the reversal from the previous day support line which made the upward move even more stronger during the end of the day