NIFTY DAILY - 7/2/2024

Indian indices open with a gap up but Bear capture the Indian Indices and took the index to low of the day that is 21860.

Formed bearish candle with upper and long lower shadow that indicates bears were aggressive thought the session.

Double Moving Averages is giving crossover as shown in chart.

Nifty can find nearest support at 21893 and 22124 will be work as its resistance level.