Nifty Analysis

Signal :- Nifty created inverted hammer on Daily, 4 Hour and 1 Hour time frame with delta + RSI bearish diversion.

Analysis:- i confirmed the candlestick signal with RSI diversion and confirm the RSI diversion with Delta and i confirm the Levels with Volume Profile and OI build up of this expiry.

Oi Support :- OI support on 24400 and last hope of continuing this rally means support is at 24320 - 24360.

If market break this support then my analysis says that rally is over. What you think guys.

Downside Entry :- on FVG (fair value gap) on 30 min at 24488 or for swing trade you can enter on 1 Hour FVG.

This is my analysis for nifty what you think ? If you have any questions please ask me. Thank you, Trade safe.

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