Nifty will salute FIFA finale with a gap up but the question remains whether it will sustain or not. Today market will be very volatile index moving with speed in both direction stay careful if and play small.
What a game it was ! Never seen such a roller coaster game ever. We have been watching FIFA World Cups since 1992/3 and have seen moments of greatness from Salvatore Schillachi, Roberto Baggio in 1993, Zidane in 1998, Michael Owen's solo tun against Argentina, sudden death finals between Argentina and Germany etc but yesterday was at another level.
Peter Drury at his best in commentary......"Scaloni will be feted..but Messi would be Sainted"...what an expression ...poetry in commentary
While most of you have seen finale of FIFA World Cup Finals, we thought why not learn some nuances of Planning from a gentleman known as Antonio Griezmann of France. May we request you all to kindly pay special attention to this player while we are watching the match. We have noticed he comes with a number of plans and just execute them during the course of the game. We have found him the most intelligent player among all and he knows exactly what to do and when to do it. Watch him out and learn from him. While Messi will do what he has to do, Mbappe will do exactly what he has to do to emerge as a new messiah, but it will be Griezmann who will teach us a lot about planning and execution!!
Please enjoy ur weekend and have a great evening today!!
As updated, we don't think, markets have too much to loose in terms of levels from here. Nifty futures can drop another 130 points from the close but a sharp reversal is on the cards. There is no weakness is US markets...max another 250 points.
Nifty. Strong support at 18170 and resistance at 18440. This should be the range for the day. Buy on dips for 18440+.
BankNifty. Support at 42900 and resistance and 43700. BN is a stronger index hence should not be shorted.
As updated, we don't think, markets have too much to loose in terms of levels from here. Nifty futures can drop another 130 points from the close but a sharp reversal is on the cards. There is no weakness is US markets...max another 250 points.
Nifty. Strong support at 18170 and resistance at 18440. This should be the range for the day. Buy on dips for 18440+.
BankNifty. Support at 42900 and resistance and 43700. BN is a stronger index hence should not be shorted.
Another perspective Nifty Spot View: 19/12/2022
Cmp: 18269
Support & Downside Range: 18245—18160—18130--17970
Resistance & Upside Range: 18320—18360—18425--18477
Short Term Trend Reversal Level: -- 18697
Trading View: Nifty breath is over sold in a smaller time frame if we open flat to positive today than key level to watch is 18320—18360 spot zone if nifty able to cross and sustain above this level than we may see bounce in nifty towards minimum 18425 and max 18477 levels whereas if bulls finds difficult to cross and sustain above 18360 spot than again we may see a selling pressure to build in market and we may fall downside towards 18245 to 18160 zone minimum.
Make use of our nifty call put option tips free and you will always remain on the top of the world.
BankNifty Spot View For: 19/12/2022
Cmp: 43219.50
Support & Downside Range: 43080—42948—42730--42200
Resistance & Upside Range: 43335—43500—43620--43790
Short Term Trend Reversal Level: -- 44135
Trading View: Intraday bias remains sell on rise till bank index trading below 44135 spot levels any bounce towards 43500 to 43790 is a selling chance by keeping stop loss above 44135 spot, downside key level to watch si 43080—42948 support zone break below bank index opens for minimum 42730 and if selling is intense than we may see fast dip towards 42200 levels also.
Check our bank nifty tips for today and start making money like a pro trader in your life time.
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| Nifty - Current Expiry - Critical Option Analytics Data | |||||
|---|---|---|---|---|---|
| Strongest Support | Strengthening Support | PCR | MaxPain | Strengthening Resistance | Strongest Resistance |
| 18300 | 18300 | 0.803245 | 18350 | 18300 | 18400 |
Nifty 50 (0.83%) 🟢Bank Nifty (0.45%)
Nifty 50: After a flat start, the Nifty 50 experienced an unexpected bullish day. All other sectoral indices ended the day in the green, with the auto and FMCG indices leading the way.
On the 15-minute time frame, a positive crossover has been noticed between the 20 DMA and the 50 DMA. Technically Nifty will remain sideways until it breaks above 18540
Bank Nifty : Bank Nifty bulls managed to hold the support of 43,000 on the downside and Bank Nifty witnessed buying momentum throughout the day, but its movement today was less compared to the Nifty 50.
A positive crossover has been observed between the 20 DMA and the 50 DMA ,On the 15-minute time frame.
Technically ,Bank Nifty will remain sideways until it breaks above 43850
Note : RBI MPC meeting on Wednesday, 21st December
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