Nifty Spot View: 20/01/2023

Cmp: 18027.65

Support & Downside Range: 18015—17972--17905

Resistance & Upside Range: 18085—18155—18185--18215

Nifty Trading Strategy for Monday

Short Term Trend Reversal Level: -- 

Trading View: In today's trading session and monthly expiry week key level to watch is 18015 spot if we slip below it than we may see weakness and sideways market towards 17972—17905 spot levels whereas if 18015 gets hold than we may slowly move upside towards 18085 to 18155 zone minimum and max 18185—18215 spot levels.

Make money using our Nifty Trading Strategy for Monday and be on the winning side of the market always and every time.

Nifty 50 is a stock market index that comprises of 50 of the largest publicly traded companies listed on the National Stock Exchange of India (NSE). The index is widely considered to be a barometer of the Indian stock market and is often used to gauge the performance of the broader market. The Nifty 50 index is calculated using free float market capitalization weighted methodology, where the level of the index reflects the total market value of all the stocks in the index relative to a particular base period. The index is updated every 15 seconds during the trading hours and the value of the index changes based on the performance of the underlying companies and market conditions. To summarize, Nifty 50 is a stock market index that comprises of 50 of the largest publicly traded companies listed on the National Stock Exchange of India (NSE) and it's updated every 30 sec during trading hours.

Monday trading strategies for the Nifty 50 index can vary depending on an individual trader's risk tolerance and investment goals. You can check the current value of the Nifty 50 index on the National Stock Exchange of India (NSE) website or from any financial news website. It's important to keep in mind that the stock market is subject to volatility and the value of the index can fluctuate rapidly.