NIFTY INTRADAY7.12.2021
1. NIFTY followed channel and moving down as breaking down all target on downside
2. There is Massive Put writing at 17000 , and will act as a support
3. SGX Nifty trading +65 points now , Possibility of gap Up ,
4. If the Gap up is near Sell zone it will fall back to target 5/4/3 , if gap down then it will retrace back to Target 1/2/3/4/5
Like if you agree with the analysis
1. NIFTY followed channel and moving down as breaking down all target on downside
2. There is Massive Put writing at 17000 , and will act as a support
3. SGX Nifty trading +65 points now , Possibility of gap Up ,
4. If the Gap up is near Sell zone it will fall back to target 5/4/3 , if gap down then it will retrace back to Target 1/2/3/4/5
Like if you agree with the analysis
Comment:
NIFTY respecting the levels , Trade In the ZONE with srict Stop loss .