Nifty And Banknifty is having important date as 16th december basing on astrology and mathematics. Both closed below low in day last week and came huge selling pressure last 2 days.
As said on 23rd, we got huge selling pressure and biggest in last few months.
Now nifty and banknifty is below my EMA and supertrend which indicates sell on rise strategy.
This downtrend can continue till 29th december and future important date will be given next few days.
Nifty important time today 10:00 buy above high sell below low on 5 min candle closing. On 23rd time candle, we got 120+ points in nifty downside.
Nifty next support 17750, 17650, 17520, 17220.
Bank nifty is also on sell on rise and below our date low. Important supports are 42155, 41330. Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, telegram - Stock market trading training
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