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Nifty IT EOD Chart on 04 October 2023

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  Nifty IT price is trading below the 34 days EMA. But shows some strength that other Nifty. 13 day moving average trade above the 21 days EMA. And both EMA average maintained to sustain above tye 34 days moving average. Nifty IT shows remain in some strength. Its price trade below the 34 days EMA but till other two exponential moving average don't have shown any weakness. ( It is not a buying or Selling recommendation. It is just a view and for learning purpose only. Before buying and selling any stock or index. Please consult your financial advisor)
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Nifty Bank EOD Chart on 04 October 2023

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Nifty Bank 13 days EMA and 21 days EMA both have crossed down the 34 days EMA. It shows that Banking stocks are performing poorly. Probably, It may go down further more.  (It is not a buying or Selling recommendation. It is just a view and for learning purpose only. Before buying and selling any stock or index. Please consult your financial advisor)
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Nity EOD Chart on 4 October 2023

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 Nifty 13 day EMA has crossed down the 21 day EMA. Next support is 34 days EMA. Probably, Nifty will hold the support of 34 day EMA. EOD candle of 04 October 2023 also makes a hammer Candle. (It is not a buying or Selling recommendation. It is just a view and for learning purpose only. Before buying and selling any stock or index. Please consult your financial advisor)
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