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Nifty, Banknifty Analysis 10th Jan And Week, Levels, Direction, Stock Market - News009

 Nifty, Banknifty Analysis 10th Jan And Week, Levels, Direction, Stock Market - 

Nifty and bank nifty are in bearish trend on weekly and bullish trend on daily basis. It is below EMA and supertrend telling bearish trend for short term. If it sustains above 18250 for 2-3 days it can go towards 18900 and more highs. 

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. Yesterday it closed above high and now it is bullish to range bound trend. 

Traders can follow these levels on intraday basing on candle above high will be bullish and below low bearish at level. 

Intraday time nifty, banknifty - 10:00 5 min candle above high bullish, below low bearish. 

Next Selling Pressure Date - 11th is next date ie tomorrow, mostly we can see selling pressure. 

nifty 10th jan

18284,18062, 17747 are important support resistance. Can trade on levels basing on candle on level above high and below low.  

10th jan banknifty

42980, 42155, 41337 are important support resistance. Can trade intraday on candle above high and below low. 

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







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