As per SpanAttack timings algo, we look forward for a fall today after 11:15 AM. Sell Nifty around 11:15 AM today near the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 11:15 AM and near crucial important resistance levels.
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InvestPro India
Sell Nifty @ 22450 - 22400 with the SL of 22520 for big downside targets. Risk Reward looks great at these levels.
Sell Nifty: 22450 - 22400
SL: 22520
Targets: 22142, 21980, 21870, 21635
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InvestPro India
Gift Nifty indicting a gap-up opening and US market also gave an insane rally. However, as per our SpanAttack timings algo we see a fall in Nifty from 11:25 which can be useful for Intraday traders to get some points on the downside.
Sell Nifty: 11:25 AM
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InvestPro India
Sell Nifty @ 22050 - 22040 with the SL @ 22100 for the marked targets on the chart.
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InvestPro India
Gift Nifty indicating a gap-up opening with 70 - 80 points, however, as per our time based research, we are looking for some fall in Nifty between 9:15 to 9:45 but don't hold for big targets like yesterday.
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InvestPro India
Nifty has formed a bearish candle yesterday i.e. 20th December and RSI also giving a bearish signal. Risk reward looks good in sell trade and Sell trade can be initiated around 21500 levels.
Positional Sell: 21500
SL: 22128 (628 Points)
Targets: 20535 (965 Points), 20212 (1288 Points), 19885 (1615 Points)
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Nifty is forming a double top pattern on hourly time frame and we expect to see weakness emerging near 21000. One can sell Nifty @ 20900 with the SL of 21120 for the marked targets on the chart.
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