NIFTY DAILY - 12/3/2024

Market opens at Yesterday’s closing price.

Nifty formed Dragonfly Doji on daily chart with long lower and long upper shadows, which indicates thug of war between buyers and sellers which shows indecisiveness among them.

Candle is formed exactly on 9 days Exponential Moving Average line.

Further levels for nifty will be 22272 level will work as support and resistance will be 22381 level.

Today’s Advance Decline ratio of NIFTY50
Advance - 13
Decline - 37

FII Buy + 73.12 crore
DII Buy +2358.18 crore.

⚠️ Important: Always maintain your Risk & Reward Ratio.

✅Like and follow to never miss a new idea!✅

Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingView📈 Repeat 🔁

Happy learning with trading. Cheers!🥂