Nifty, Banknifty Analysis For 9th Jan And Week, Levels, Direction, Stock Market -
Nifty and Banknifty are in bearish trend on daily and weekly. As of now getting good bullish move if closing is at same place may turn to bullish on daily candle wise. Nifty 18250-300 is strong resistance as telling from last few weeks. Any closing above for 2-3 days 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.
Today intraday itself breached and trading around 18123. Intraday also you can trade on any given levels on 10-15 min candle closing.
18284, 18062, 17747 are important support resistance. You can trade on these levels on intraday also closing candle above high and below low. 43813, 42980, 42155 are important support resistance, you can see in pic, price is in between these levels only. If you trade on options hedging strategies you will get good profits.
Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, telegram - Stock market trading training.
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