Nifty has formed a doji on a higher level and closed 90 points down.
On hourly time frame, market closed above its 20 ema.
The markets has halted and on 15 minute time frame closed below its 20 ema.
support :- 16590, 16485
Resistance :- 16680, 16825
The market is in a sideways phase. Market may remain sideways for tomorrow.
Wait for the price action before entering the markets.
On hourly time frame, market closed above its 20 ema.
The markets has halted and on 15 minute time frame closed below its 20 ema.
support :- 16590, 16485
Resistance :- 16680, 16825
The market is in a sideways phase. Market may remain sideways for tomorrow.
Wait for the price action before entering the markets.
