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Friday, December 23, 2016

(2) Nifty Chart & IntraDay Trading Levels For 23/12/2016 ::


-          Nifty Spot ::
-          Long Bearish Gap down candle with average low volume....
-          MSi (My-Charts Sentiment indicator) down from 56 to 14 (Oversold)…
-          Short term indicator in oversold region..
-          Overall short term momentum bearish but oversold..
-          Stuck with levels..
-          In intraday trading on 23rd Dec. Above 7985 buy with stop-loss 7973.. Below 7973 sell with stop-loss 7985..
-          Resistance for up move at 8004/8023/8035/8053..

-          Supports at 7953/7934/7922/7916.. 

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