Dear Subscribers,
Nifty took U-turn exactly on the same date and the level of 16610 & gave a superb rally from our weekly Gannangle level of 16610 which I shared on my Twitter handle.
(https://bit.ly/3r2xEaO) Tweet on Weekly Gannangle lvl
(https://bit.ly/3316adF) Tweet on the importance of 20thDec date
Well after that Nifty gave a one-sided upmove of more than 1300 Points.
Now at 18044 1x1 daily Gannangle is standing and the further journey of Nifty will be decided by this level of 18044.
The nearest resistance levels are 17944 (W_Beaish C2 lvl) - 18044 - 18135 - 18210 - 18305.
The nearest support levels are 17651, 17507, 17432, 17177.
Important pressure dates for the month of January are 10th, 13th-14th, 21st, 29th & 30th Jan. If on some dates Saturday or Sunday comes then we can consider the previous or the next trading day as a pressure date.
Some are Time-cycle dates as well as some are Astro dates.
Always look for price action near the levels and then take the trade accordingly.
*This analysis is shared only for educational purposes. I am not registered with SEBI, so consult your financial advisor before making any decision.
Nice blog keep sharing such a great information with us.Tata Steel Share Price
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