NIFTY DAILY - 6/6/2024

6 июн.

Index opens with gap up and made days high which is 22910 level but market was highly volatile so nifty made day’s low which is 22642 level.

Nifty was up by almost 270 points which is Approx 1%, nifty gave closing around 22821 level with 200 points plus.

Nifty has formed small bullish candle with upper and lower shadow on daily chart.

Candle is trading above Middle Band of Bollinger Band. Nifty has broken the resistance of 22794 so, further 22059 will work as resistance level with support of 22635 level.

Bank Nifty levels
Support – 48568 Resistance – 49334

Today’s Advance Decline ratio of NIFTY50
Advance - 38
Decline - 12

FII Sell – 6867.72 crores
DII Buy + 3718.38 crores.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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