manuagarwal21

NIFTY 50 AT RESISTANCE

NSE:NIFTY   Nifty 50 Index
Nifty 50 has seen remarkable move since June 2022 from 15200 levels to 17700.

Currently it has reached at a price area
, where it could struggle for a while.

Today's Price Action
1. Opens gap up, did not sustain, closes near its low.
2. Rsi is also overbought, though no sign of weakness.

We may see nifty going sideways for a while.

Immediate Support @ 17400 - 17200






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