In the previous session :
Nifty went up by 322 points before closing higher by 157 points on Tuesday.
Nifty made a new life time high of 18604.45 in this upmove from the lows of 7511.10 made on 24th March 2020
On 21st Dec :-
Nifty triggered our long trade by opening near our 02nd target and went up further by 150 points and completed all targets
For 22nd Dec :-
Sustaining above 16830 enter for 16865 - 16910 - 17010 , SL 16790
Now for this week :
Nifty has to break and sustain above 17090 - 17160 where it has its initial resistance for a further move towards 17335 - 17380 where it has its next resistance for the week
Nifty has to break and sustain below 16880 - 16810 where it has its initial support for a further move towards 16640 - 16590 where it has its next support for the week
So far this week Nifty made a low of 16410.20 breaking below of next weekly support zone and today sustaining above 16640 made a high of 16936.40 and closed at 16770.85 . Now in the coming sessions Nifty breaking and sustaining above 16880 can move towards 17090 - 17160 where it has a stronger resistance . On the downside Nifty on sustaining below 16810 can move down towards 16640 - 16590 again
Nifty has to reclaim 17460 on closing basis now to indicate strength .
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