Nifty view for 04/05/22.
Nifty has consolidated and gave a bullish break out in the last trading hour.
The market has closed on a bullish note and can remain green tomorrow.
Nifty has closed between its 20 and 200 ema on daily time frame.
It has closed above its 20 ema on 15 minute time frame and has consolidated for a while.
Support :- 17010, 16940, 16900
Resistance :- 17090, 17150, 17210
The markets are volatile and same volatility can remain this week.
Wait for the price action near the levels before trading the markets.
The market has closed on a bullish note and can remain green tomorrow.
Nifty has closed between its 20 and 200 ema on daily time frame.
It has closed above its 20 ema on 15 minute time frame and has consolidated for a while.
Support :- 17010, 16940, 16900
Resistance :- 17090, 17150, 17210
The markets are volatile and same volatility can remain this week.
Wait for the price action near the levels before trading the markets.
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