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JatinSonara
Dec 8, 2022 3:43 PM

Be Careful with Nifty50 

Nifty 50 IndexNSE

Description

As I said in title that “Be Careful with Nifty50”.
9th December can be hard for some trader.
If you are new try to avoid trad for tomorrow.

As you can see in picture Point A was our first clue of trend.
After touched Point A nifty made New Low @ 18577.90.
Same situation in Point B, After Touched Point B it made new low @ 18564.5.

Now, Point C is little bit tough.
At Point C nifty can’t even break today’s low which is @ 18536.95.

According to me, 18600-18650 is trap.
Comments
vanathi
Good analysis. Thank you for sharing it with the community. Keep posting. Keep growing.
JatinSonara
@vanathi, Thank you for your support ma'am. I'll try to do better.
Gondu16
18k is support?
JatinSonara
@Gondu16, 18K is Support but it is not strong. Strong Support is @ 17300.
Gondu16
happened as you said. Keep posting.
JatinSonara
@Gondu16, @vanathi, Thank you for your support Sir. I'll try to do better.
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