NIFTY DAILY - 10/6/2024

Nifty opens with gap up and made All Time High which 23411 but didn’t sustain the upper level and made days that is 23227 level.

Nifty gave closing down by -30 points which is around -0.13%.

Index has formed a red body candle with long upper shadow which indicates participants were selling from higher level.

Currently RSI is trading at 58.

Nifty is not able to sustain above 23300 level so, further 23396 will work as resistance level with support of 23007 level.

Bank Nifty levels
Support – 49547
Resistance – 49974

Today’s Advance Decline ratio of NIFTY50
Advance - 27
Decline - 23

FII Buy + 2572.38 crores
DII Buy + 2764.64crores.

⚠️ 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!🥂