Market moves 4-4-2024

Nifty opens At All time High at 22592  in previous 6 days of consolidation nifty made this . Nifty 1hr Time frame looks Double top Pattern. Today is nifty expiry so that expect a trending move in nifty.

        Opened at R2 level its basically profit booking level and ATH also, Morning selloff like waterfall.

Notes.

#EMA 21 to Price is too high, so the price will reach the EMA 

Fake breakout on support indicates buyers there. 

Both Bank Nifty & MidCap Nifty are going to sideways

Nifty once break the trend line then moved almost 150+ points today good trendy day.

Bank Nifty breaks the zone then reentered the zone for test but midcap nifty stile side ways. 

India Vix is so cold , nifty sync with trend....