imeetsutariya4

Nifty Analysis For Monthly Expiry Jan 2022

NSE:NIFTY   Nifty 50 Index
Nifty seems to be at top area of monthly resistance, coming down weekly it doesent seem much weaness is there, hence on daily frame too nifty seems to standing at little resistance zone.
Thus, coming on intraday,
Nifty has an immediate resistance on 17260-17280 zones, with a conformatory trend line followed since days, hence would should plan long on the break of trendline, and should short on the break of support.
Personaly expecting a range bound 1st half, and a good decisive move in sceond half.
Have a great expiry.

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