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Nifty view for 10/08/22.

NSE:NIFTY   Índice Nifty 50
Nifty has been trading in green and has formed a nice bullish candle on the daily close basis.

The market on the hourly time frame has respected the 20 ema and continued the rally crossing 17500.

The 15 minute time frame analysis the chart has respected the 20 ema and remained above the moving averages.

support :- 17470, 17400
Resistance :-17630, 17790


Wait for the price action before trading the markets.

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