Nifty Futures on Tuesday’s trading session ended flat with a rotational auction which resulted in an inside bar and prominent POC formation. Lower volume flow prevailed throughout the trading day and sentiment favored option sellers to a greater extent.
Nifty and Bank Nifty Futures topped out with G2 High at major swing high which got confirmed on 20th Sep 2023
Nifty and Bank Nifty Futures had a G2 High Pattern and Sentiment turned negative signs of market top!!! pic.twitter.com/T8udR4TBFA
— Marketcalls (@marketcallsHQ) September 20, 2023
Any intraday dip in Nifty could bring a pullback toward Tuesday’s Prominent POC – 19680 and 19700+ levels in the very short term. And Short term resistance coming around 19820 levels.
