Nifty and Bank nifty Technical Analysis 18/12/2019

NIFTY

Close At 12165

 What direction will the Nifty move during the day

How many levels can go up and down?

Where the Nifty closes above the level, there is a big upside, and where the level closes below, the big down comes.

                          Chart ⤵⤵⤵⤵

[ Most important level
   Upside level at.        12201
   Downside level at   12058/12050 ]

Nifty resistance 12190/12200/12250

If Two and Third resistant can buy in this level close Above 12200 an hold  five minutes to ten minutes and buy expected Target 12300/12400

Nifty support 12125

Nifty considering support around 12100/12050 next support 12000/11950

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 BANK NIFTY UPDATE 

Close= 32140.25

18/12/2019
Most important level upside and downside
Upside level at .    32250
Downside level at . 32050/32000

     BANK NIFTY seems there is no strength at higher level yes in last  days index if come back to 32200 selling pressure in Bank nifty.

Bank nifty resistance 32180/32200/32250

If Two and Third resistant can buy in this level close Above 32200 an hold  five minutes to ten minutes and buy expected Target 32300/32500/32750

Bank nifty support 32050

Bank nifty considering support around 32000/31950 next support 31900/31800/31700

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