Nifty EOD Analysis :
Nifty is closed today a positive mark of +117.70 (0.65%) as 18132.30.
Today we can see a rejection from the lower values, like before the previous day.
We saw a gap up opening in NIfty, and at the level of 18130 a rejection from top and formed a shooting star candlestick pattern. and we can see perfectly a target level on 17970 as a support from previous day level.
From that support level to nifty pushed higher by signal got marked on the second circle. Buyers Zone created. from the point to market gone higher and targeted the high of the opening level.
Bank Nifty :
On Bank NIfty, closed at 42859.50 with a 229.35 (0.54%.
Same as NIfty we saw a Shooting star candlestick pattern as a Seller Zone. and 42450 level created a Buyer Zone to 42650 level. and created a SZ and around 01:15pm consecutive BZ are Created at 42500 to 42770 and SZ formed. BN closed with a BZ on 42580 to 42870.
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