NIFTY: 15 DEC
Updated
Yesterday,after opening big gap up above 21018 if any bearish set up would have been seen near 21096-21106, then a bearish to sideways expiry was possible between 21096 and 21018/20940, but open gap up above 21096-21106 and immediately took support,making upside rally to 21200.
:: UPSIDE ::
1.As it has sustained above 21130-21150,the next upside target 21243/21250 still pending on weekly pivot point basis.
2.If opened flat above 21150 and after taking support from 21130 start trading above 21150,then 20243/20250 can be seen upside.
3.After consolidating between 20220 and 20243/20250,if breaks upside then 20300/330 can also be seen
:: DOWNSIDE:
1.21096-21106 a strong support downside
:: UPSIDE ::
1.As it has sustained above 21130-21150,the next upside target 21243/21250 still pending on weekly pivot point basis.
2.If opened flat above 21150 and after taking support from 21130 start trading above 21150,then 20243/20250 can be seen upside.
3.After consolidating between 20220 and 20243/20250,if breaks upside then 20300/330 can also be seen
:: DOWNSIDE:
1.21096-21106 a strong support downside
Note
Opened gp up above 21220/243...after taking support on retest ,expected target of 20330 is achieved..21220/243 was broken with gap up
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