NIFTY TAKES SUPPORT AT 50-DAY EMA
The Free Press Journal|April 17, 2024
Nifty index opened negative by almost 150 points and after a slight recovery in the first half of the session, it failed to cross 22222 and drifted lower.
MOTILAL OSWAL
NIFTY TAKES SUPPORT AT 50-DAY EMA

It took support at its 50 DEMA and closed with losses of around 120 points. It has formed a small-bodied Bullish candle on daily frame and has been forming lower highs - lower lows from the last three sessions. Now till it holds below 22222 zones, weakness could be seen towards 22050 then 21950 zones whereas hurdles are placed at 22222 then 22350 zones.

India VIX was up by 1.20% from 12.47 to 12.62 levels. Volatility rose during the day and paved way for the bears but is comparatively still at lower levels.

هذه القصة مأخوذة من طبعة April 17, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 17, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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