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Nifty 50 Index
Short

Nifty for 24th Dec

By UNNYCHAKYAT
FII still bearish today with fresh 9000 shorts on Nifty, 24000 levels they have 55k shorts on Nifty, it would be difficult for Nifty to cross 24k levels in this month, expecting Nifty to retest 23500 levels.. further down depends on price action at 23500.. may be downtrend will happen on Expiry day till then market can do consolidation..closing above 24k , upside possible.. watchout the levels tmrw.
Chart PatternsTechnical IndicatorsTrend Analysis
UNNYCHAKYAT

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