NIFTY 50 ANALYSIS for 15 Dec 2022 (Short opportunity)
Nifty 50 has formed bearish spinning top candle on daily time frame.
further in 15 mins time frame we can see that 18650 is an important support level for nifty.
if nifty breaks the previous day low that is 18630 initiate short position with target of 18550-18500
also see global markets nifty may open in gap up and come into selling pressure in the second.
take your trades based on the given levels.
if nifty opens gap up and breaks 18700 then buying can be seen if side ways no trade if it breaks 18630 short...
further in 15 mins time frame we can see that 18650 is an important support level for nifty.
if nifty breaks the previous day low that is 18630 initiate short position with target of 18550-18500
also see global markets nifty may open in gap up and come into selling pressure in the second.
take your trades based on the given levels.
if nifty opens gap up and breaks 18700 then buying can be seen if side ways no trade if it breaks 18630 short...
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