NIFTY DAILY - 16/2/2024

One more gap up opening of Indian index.

Fourth winning strike of Bulls and started the day with positive momentum.

Index has formed small body green candle with upper and lower shadow on daily chart.

MACD is giving crossover which indicates bullishness into the market.

So further uptrend can be seen towards 22115 with support of 21893 level.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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