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Vimal K

28th Aug · SEBI-Registered Analyst

POST CLOSING NIFTY ANALYSIS

As per our Nifty Analysis provided today morning the overall trend of Nifty was weak. Nifty broke its support 1 of 24610 and Support 2 - 24580 with in the first 15 minutes after the market opened confirming more weakness. During the later part of day, we can see there was strong selling pressure after Nifty tried moving above the support levels. we can see a break down below the support levels at a 15-minute chart at the close of 12:15 PM candle after a spinning top candle formation at 12:00 PM. Refer the chart for a better understanding. Happy Learning and Trading. Top Gainers :

TITAN
COALINDIA
HEROMOTOCO
Top Losers :
SHRIRAMFIN
HCLTECH
POWERGRID

#WatchOutFor#Today’sTradingSetup#IndexStrategies#TechnicalViews#Post-ClosingCommentary
Nifty Post Cloing.png