Nifty technical analysis for 20th Feb 2024
Hello everyone,
Nifty again made indecision candle on daily chart. Momentum slightly upside, price trade above all ma.
Price breaks ATH so be cautious.
Immediate resistance - 22249
Immediate support - 22050
In hourly chart slightly profit booking done in last hour
Support - 22090 & 21980 - 21927
Resistance - 22160 22210 22260
In 30 min price closed below 13 ma.
Have a profitable day😇
All the levels given are for educational purposes only. No buy / sell recommendation. 🙏
Nifty again made indecision candle on daily chart. Momentum slightly upside, price trade above all ma.
Price breaks ATH so be cautious.
Immediate resistance - 22249
Immediate support - 22050
In hourly chart slightly profit booking done in last hour
Support - 22090 & 21980 - 21927
Resistance - 22160 22210 22260
In 30 min price closed below 13 ma.
Have a profitable day😇
All the levels given are for educational purposes only. No buy / sell recommendation. 🙏
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