Nifty, Banknifty 13th Jan And Week Analysis, Levels, Direction, Stock Market -
Nifty and banknifty are in bearish trend daily and weekly. Nifty should close above 18250 for 2-3 days for 18900 and more upside. 17747 my level giving in posts are important support and not breached even.
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.
Intraday time - Nifty - 10:00, Banknifty - 10:20, 5 min candle above high bullish and below low bearish.
18062, 17747 are important support resistance, you can check almost 4 times it touched level and once breached and closed below 6th low we can expect good downside. 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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