manuagarwal21

Nifty 50 for 22 December 2022

Short
NSE:NIFTY   Nifty 50 Index
#nifty50
1. Daily Chart
Opens with a slight gap
Did not sustain
Closed near day's low
Formed Bear Candle

Expectation for tomorrow
Gap down or flat opening
Sell on rise
Resistance @ 18400-18420

2. Hourly Chart
LL, LH structure.
Immediate resistance 18260 - 18300.
Sell on Rise
If we see a pull in the initial hour, watch for a sell signal near resistance.

There is a possibility that we might not see a pullback tomorrow,

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