peace_lover

WHY NIFTY WENT UPWARDS TODAY - 28/04/23

peace_lover Uppdaterad   
NSE:NIFTY   Nifty 50 Index
  • Nifty took support twice from yesterday's resistance zone (resistance was tested twice yesterday)

  • Cradle pattern involving doji, hammer, hanging man was formed in the middle of the day indicating upcoming sudden directional movement which came later in the day

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there is also the volume surge occurred right after the reversal from the previous day support line which made the upward move even more stronger during the end of the day

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