Saravanan55527

Nifty 50 trend and Levels on 17-12-2021

NSE:NIFTY   Nifty 50 Index
Hi,
This post may help full to Nifty 50 Option traders . Good luck
From point of analyses
Nifty is Neutral in weekly , weak in Daily and 15mint charts.
World market – Mixture trend
Asian market – Mixture trend
SGX – Gap down open around 42 points and moving down wards.
Nifty50 Future – Gap up open around 42 points and moving down & up wards.
The market may open GAP DOWN ,then it will move according to sustains of support or resistance levels as bellow
The major support zone 17305 crossed bellow and sustained then fall to17333,17379,17405.
The major resistance zone 17259 crossed above and sustained then move further up ward to 17226, 17185,17149.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.