Nifty technical analysis 04/12/2019

Nifty

Close=11994.20

The index closed a tad below 12,000 and formed a bearish candle on daily charts

[The Nifty opened higher only to slip into the red and traded lower through the December 3 session following renewed worries about the US-China trade deal and America opening a new front by restoring tariffs against steel and aluminium imports from Brazil and Argentina.]

If the index breaks the next crucial support of 11,950, then there could be major selling pressure,

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 ⤵⤵⤵⤵

A Nifty Analysis We can see a big upside we should see a good move in nifty.
Just a close above 12100 for a move upside to 12150/12250.
Selling pressure get active below 11950 for a expected to 11910/11870/11840/11800

Let's Day Reversal Time
11:40/1.30/2.20

Nifty Trend upside level is 12045 For Intraday Traders).
Nifty Trend Changer Level (Positional Traders) 12100
Intraday level
Buy Above 12030 Tgt 12070,12100 and 12135 (Nifty Spot Levels)
Sell Below 11975 Tgt 11950,11910 and 11870 (Nifty Spot Levels)

Comments

Reliance industries level

RELIANCE INDUSTRIES Live price:- 1010 Reliance ind Trend line support level at 965 Below This level and more selling pressure expected target 930/900/870 Reliance ind Trend line Resistance level at 1035/1050 above this level and more upside expected Target at 1090/1130/1150 NOTE 👇 On our blog only Nifty, Bank Nifty, and stock (stock), stock market is updated. We do not recommend anyone to buy or sell in the stock market.

Hdfcbank trend line levels

HDFC BANK Close= 1209.95 Most important level Upside level at 1230 Downside level at 1199 Hdfcbank trend line level at 1199 Below this level and more selling pressures expected Target 1180 level and 1160/1140/1120/1050 level is coming Day's Hdfcbank trend line level at 1240 above this level close and more rally expected target 1260/1280 Watch this level NOTE 👇 On our blog only Nifty, Bank Nifty, and stock (stock), stock market is updated. We do not recommend anyone to buy or sell in the stock market.

Nifty And nifty stock level

NIFTY Close =10458.40 12/03/2020 level 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. Nifty Support level 10300 below this level and more selling pressure expected Target 10220/10150/10100/10050/10000 and 9970 Nifty resistance level 10550 above this level and more upside expected Target 10620/10700/10800/10920 Nifty most important level Upside level 10555 Down side level 10290 __________________________________________________ Most important Stock levels HDFC Close =2036.25 Resistance level 2075/2100/2140/2180 Support level 1990/1975/1940/1900/1860 Asian paint Close=1882.85 Resistance level 1905/1920/1940/1960 Support level 1865/1850/1830/1800/1770/1750 ACC Close=1215.45 Resistance level 1230/1250/1280/1300 Suppo...

Nifty Sensex

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