Nifty is giving proper follow-up of bullish hammer candlestick formation formed near psychological support of 17000 - Swastika Investmart
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Technical Outlook:
Nifty (Spot):
Nifty is giving proper follow-up of bullish hammer candlestick formation formed near psychological support of 17000 and manages to close above its 50-DMA however there are still multiple resistances like 17500/17650 before 17800 level. On the downside, 17000-16800 is a critical base while 17300 will act as an immediate support level.
Banknifty (Spot):
Banknifty has better a structure because it manages to close above its 20-DMA following a bullish hammer candlestick formation where 39500 is the next important resistance level while 38200-38000 is an immediate support zone.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
