Nifty 50 trend and Levels on 22-12-2021
Hi,
The following post may be useful to Nifty Option traders.
From point of analyses
Nifty-50 is weak in weekly , Daily and 15mint charts.
World market – Strong trend
Asian market – Strong trend
SGX – Gap up open around 70 points and current trade is falling down .
Nifty50 Future – Gap down open around -20 points and current trade is falling up wards.
The market may flat or gap up open then it will move according to sustains of support or resistance levels as bellow.
The major support zone 16795 crossed bellow and sustained then fall to16698,16601,16481.
The major resistance zone 16795 crossed above and sustained then move further up ward to 16934, 17035,17110.
The following post may be useful to Nifty Option traders.
From point of analyses
Nifty-50 is weak in weekly , Daily and 15mint charts.
World market – Strong trend
Asian market – Strong trend
SGX – Gap up open around 70 points and current trade is falling down .
Nifty50 Future – Gap down open around -20 points and current trade is falling up wards.
The market may flat or gap up open then it will move according to sustains of support or resistance levels as bellow.
The major support zone 16795 crossed bellow and sustained then fall to16698,16601,16481.
The major resistance zone 16795 crossed above and sustained then move further up ward to 16934, 17035,17110.
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