Nifty analysis for 23rd Feb 2024

Hello everyone,

Hope my levels & information is useful for all.

Today after morning fall.. In 2nd session short covering rally comes.

In weekly tf bullish hammer pattern made.

In daily chart
*Rsi upward
* bullish candlestick
* price is above on all MA
* again facing resistance at 22300
* support - since few days price taking support of 21970 level.. Today also broken.. But again reverse
*volume - good

In hourly chart
*Rsi - inclined
* small bullish candlestick
*price is above on all MA
* resistance same as daily chart
* support - 21940 & reverse
* volume - good

For intraday
In 30 min inverted H & S pattern made.
Immediate resistance - 22312
Immediate support - 22200

15 min
Upside - 22260 - 22327
Downside - 22210 - 22175 - 22040 - 21990

All are pivot levels..

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

Thank you🙏