Nifty, Bank nifty 17th Jan And Week Analysis, Levels, Direction, Stock Market -
JOIN TELEGRAM - SEARCH 'STOCK MARKET TRADING TRAINING'
Nifty and bank nifty are in bearish trend ie downside trend. Any buying can be sold off till it closes above 18200 for 2-3 days at least. Price action around my level 17750 telling that it might break soon and after breakout 500-1000 points easily can be sold off in nifty.
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 - Tomorrow 18th is selling pressure date basing on astrology and mathematics. Observed selling pressure on these dates mostly.
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.
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