Nifty closed forming evening star doji which is a clear sign of bottoming out and hence Nifty opened up with gain.
Monday's closing by Nifty was very disappointing as after opening with gap up Nifty gave up almost all gains in and closed very near to previous closing.
Nifty formed thick body doji with small head and negligible tail.
This doji signifies that Nifty is going to take some of the lost ground today but the scenario is very uncertain and unclear in all.
If Nifty manages to close above 4888 then we may see some more gains else Nifty is under the grips of the bears.
| Important Nifty Levels for 23rd Feb | ||
|---|---|---|
Nifty Pivot | 4855 | |
| Support | ||
| 4827 | 4812 | 4793 |
| Resistance | ||
| 4873 | 4896 | 4923 |
| Important BankNifty Levels for 23rd Feb | ||
|---|---|---|
BankNifty Pivot | 8482 | |
| Support | ||
| 8452 | 8421 | 8390 |
| Resistance | ||
| 8522 | 8553 | 8596 |
Posts
0 comments:
Post a Comment