Nifty technical analysis 4th March 2024

3 Mar

Hello everyone👏

Hope you find the information given here useful.. ☺

**Weekly analysis**
Multitimeframe analysis

Monthly & weekly TF

*** trend bullish, momentum upside
*** bullish candlestick
*** resistance big upside 23200 & 23600 & support 22020 & 21980 (pivot)

Daily TF & hourly TF

*** momentum & trend upside
*** price taking rejection at 22400 level
*** price is above all ma
*** resistance - 22415 & 22542
*** support - 22280 - 22230.- 22205

Intraday

*** momentum slightly downward
*** inverted hammer candlestick
*** trend bullish
*** resistance - 22430 : 22550
*** support - 22357 : 22280 : 22215 : 21186

All information given is for educational purpose. No buy / sell recommendation.

Thank you🙏