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Nifty 50 Index
Long

Nifty View - 14 December 2023

By pr0p
Updated
Nifty has been stronger than BNF today. Since the trend is bullish, it makes sense to enter this trade.

  1. 21700 to 21747 market can be sideways. Above 21747, we can see buyers. Target, if bullish, should be 21762 and 21775-21785.
  2. Below 21700, we can see bearishness. The target should be 21689.
  3. I'm leaning towards bullishness with the multi-day trend - today is a bit tricky as there is no clear intraday trend. I will manage R to R accordingly.
  4. A good entry is between 21710 and 21720.




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