Nifty and banknifty is having important date as 16th december basing on astrology and mathematics, So high and low are very important on the day. Nifty is having high and low 18440,18255, Any daily closing above and below can give the direction for next few days. And after breakout trend can continue till 29th december. Now it is trading around low value and today any closing you can take short positions downside. Intraday is difficult but risky experienced players can take 10-15 min close above high and below low. 18060 is strong support for nifty. Banknifty high and low on 16th are 43598, 43080, Any daily closing above will be bullish and below low will be bearish. After breakout trend can continue till 29th december. 42980 is strong support for BN. Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, telegram - Stock market trading training
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