Nifty technical analysis for 20th Feb 2024

Hello everyone,

Nifty again made indecision candle on daily chart. Momentum slightly upside, price trade above all ma.

Price breaks ATH so be cautious.

Immediate resistance - 22249
Immediate support - 22050

In hourly chart slightly profit booking done in last hour

Support - 22090 & 21980 - 21927
Resistance - 22160 22210 22260

In 30 min price closed below 13 ma.

Have a profitable day😇

All the levels given are for educational purposes only. No buy / sell recommendation. 🙏






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