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Nifty, Bank Nifty 18th Jan And Week Analysis, Levels, Direction, Stock Market - News009

 Nifty, Bank Nifty 18th Jan And Week Analysis, Levels, Direction, Stock Market - 

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Nifty and banknifty are in bullish trend daily wise and bearish weekly wise. Overall as it is below EMA and supertrend, It will be sell on rise market, Market will turn bullish towards 18900 all time high only closing above 18200 for 2-3 days. 

17750 is tested many times and once closing below, we can expect 500-1000 points selling. 

My Strategy - 6th Jan is important date basing on astrology and mathematics. That day high and low are very important and formed 18047, 17795. Any daily closing above is bullish and below low is bearish and can sustain for next few days. It closed above high and now it is bullish to range bound trend. I will be bearish only below 6th low 17795 on daily closing. 

Next selling pressure date -  18th today is selling pressure date basing on astrology and mathematics. Observed selling pressure on these dates mostly. 

18th Jan nifty
18284, 18062, 17747 are important support resistance, You can see price is almost took support 5-6 times. Any closing below 6th low, Market can go more down.

18th jan banknifty
42670, 42155, 41337 are important support resistance. Any closing below 6th low we can expect 41300. Should close above 6th high for upside.

Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, telegram - Stock market trading training.




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