Technical Analysis
NIFTY 50
13 Dec 2021
Daily Chart
Current level is 17605
First support is 17452 (Bollinger Band)
Second Support is 17363 (8 Day & 18 Day Exponential Moving Average)
First Resistance 17767 (50 Day Exponential Moving Average)
Second Resistance 18086 (Bollinger Band
RSI – 52 – Meutral
MACD – line cutting from below so Bullish
Weekly Chart
First Support is 17552 (18 day Exponential Moving Average)
Second support is 17450 (Bollinger Band)
First Resistance 17785 (50 day Exponential Moving Average)
Second Resistance 18094 (Bollinger Band)
RSI – 59 Neural
MACD – Parallel so Neutral
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