Nifty update next week

Nifty update

06/01/2020  TO  10/01/2020

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 at      12301
Most important level downside at 12150

Nifty  move above 12301 for a cross back to 12351/12400/12460.
 Bears have there chance below 12150 create for a move back to 12116/12100/12050. It was a volatile day and We can see a big move in  nifty as we have monthly closing time nifty suggesting we should see a good move in nifty.
Resistance now need a close above 12300 for a move back to 12350/12400/12450.

 Support will get active below 12150 for a move back to 12100/12050/12000/11960

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Nifty Sensex said…
Nifty. Days low 12070
Nifty Sensex said…
Nifty new days low 12008

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