NIFTY- 16/12/22

Here the levels for the nifty for trading tomorrow. Here we can see a evening star pattern and bearish engulfing candle on daily TF Don't go short immediately when the price makes a red candle because it could be trap candle. So wait for some retracement and if you see any rejection near 18500 levels can go short or @18400 levels and we can go long on break of 18520 levels mark as a zone and trade accordingly. And also look for 200EMA on 1 hour TF.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial advioser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.