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Nifty, Banknifty Analysis For 11th Jan And Week, Levels, Direction, Stock Market - News009

 Nifty, Banknifty Analysis For 11th Jan And Week, Levels, Direction, Stock Market - 

Nifty and banknifty are in bearish trend. As saying from last few weeks, Prices are below EMA and Supertrend and bullish only above 18250 on sustaining 2-3 days. As said prices are below and sell of came. 

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 - 11th is next date ie today, Mostly we can see selling pressure.

nifty 11th jan

18284, 18062, 17747 are important levels, You can see price is mostly between these levels, You can trade intraday on these levels also. Should close above 18250 for 2-3 days for more upside. 

banknifty 11th jan

42980, 42670, 42155 are important levels, support resistance, Intraday you can trade basing on these levels also. 

Nifty and banknifty should close below 6th low for more downside otherwise market will go upside. 

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




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