Nifty view for 22/06/22
Nifty has given a nice move but still the trend is bearish. This might be a retracement.
A perfect morning star pattern in formed on daily time frame.
The markets crossed its hourly 20 ema on smaller time frame (15 minute) and closed between both the EMA’s
Support:- 15625, 15530
Resistance:- 15690, 15780
The markets had retested the higher levels. Market can give another move, if the market sustains today’s high.
Wait for the price action near the levels before trading the markets.
A perfect morning star pattern in formed on daily time frame.
The markets crossed its hourly 20 ema on smaller time frame (15 minute) and closed between both the EMA’s
Support:- 15625, 15530
Resistance:- 15690, 15780
The markets had retested the higher levels. Market can give another move, if the market sustains today’s high.
Wait for the price action near the levels before trading the markets.
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