Nifty daily analysis for 09/09/22
Nifty on the daily time frame has given a bullish candle. The market gained 50-60 points and closing above the level of 17800.
On the hourly time frame, nifty has closed on a bullish mode and there can be another gap up tomorrow.
Nifty gave a break out of the trend line during the last hour of the trading session and took nice support from 15 minute's 20 ema.
Support :- 17780, 17710, 17640
Resistance :- 17830, 17920
The market seems to be in a jittery mode. Wait for the price action near the levels before entering the markets.
On the hourly time frame, nifty has closed on a bullish mode and there can be another gap up tomorrow.
Nifty gave a break out of the trend line during the last hour of the trading session and took nice support from 15 minute's 20 ema.
Support :- 17780, 17710, 17640
Resistance :- 17830, 17920
The market seems to be in a jittery mode. Wait for the price action near the levels before entering the markets.
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