NIFTY 13 DEC:Expected Intraday Levels
Updated
1.Yesterday again could not sustain above 21018-21025
2. If today opens flat in between 20859-20900,then 20940/950 may act as resistance though cluster of supports downside
3.But if able to break 20940/950 upside and sustain above 20975 then it might go sideways to bullish
3.20827-20830 might act as support (will wait for price action)
4. If 20820-20830 is broken down then can see 20785/20756 dwnside
2. If today opens flat in between 20859-20900,then 20940/950 may act as resistance though cluster of supports downside
3.But if able to break 20940/950 upside and sustain above 20975 then it might go sideways to bullish
3.20827-20830 might act as support (will wait for price action)
4. If 20820-20830 is broken down then can see 20785/20756 dwnside
Note
1.good downside momentum seen from 20940 to 20820/20830...2.as no buying price action seen @ 20820/20830,after breaking down 20820/20830 , 20785 also is seen , 20756 may also be seen better to trail stop loss
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