NIFTY 16/01/23

Here are the levels for nifty to trade tomorrow. as we see price is approaching near to trendline which will act as resistance, but it had already tested multiple times so look for breakout only on higher time frame and enter the long trades and if price makes any reversal pattern near the trendline then we can go for shorting with volume and strong candles confirmation . ON a whole price is making a base17800 levels if the price breaks this level we can see a sharp fall this week. and if the price close above 18100 with strong candle we can see good upside move.
Market formed a triple bottom.
for long : don't trade immediately when market open and break the trendline wait for a pullback and if we get any patterns in lower levels can go long.
for short : when price opens and immediately take resistance near the trendline then can go short with the confirmation candle and volumes.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.