Nifty - 1/12/2022 - Sideways with bullish bias
Updated
Nifty - Sideways with bullish bias.
Maximum of 18911 on upside. Look for bullish rejection candles at 18911. Fresh call writing at 18850/900 will bring down nifty if any gap up.
Lower support at 18703. Look for reversal candles at 18703/723 in case of gap down. Fresh put writing at 18700/750 will take the market up.
Chart for educational purpose. Trade at your own risk.
Maximum of 18911 on upside. Look for bullish rejection candles at 18911. Fresh call writing at 18850/900 will bring down nifty if any gap up.
Lower support at 18703. Look for reversal candles at 18703/723 in case of gap down. Fresh put writing at 18700/750 will take the market up.
Chart for educational purpose. Trade at your own risk.
Trade active
Please add these resistance levels.18954/18868.
Market can rally second time today. But towards closing some selling pressure could come.
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