Nifty view for 01/04/2022

Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame.

After 3 day, nifty has closed below its 20 EMA on smaller time frame.

Nifty has stretched a lot and can cool down tomorrow.

Support :- 17450, 17406, 17320
Resistance:- 17500, 17590

Wait for the price action near the levels.
BANKNIFTYHead and ShouldersMoving AveragesNIFTYnifty50niftybankniftypredictionniftysetupniftytradeniftytrendniftyviewTrend Analysis

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