Market Updates

Date 30 December 2022

Nifty has broken the trendline on 15 minute time frame and tried to sustain at the level of 18150

There was a horizontal support at the level of 18150

Sat Dec 24, 2022

nifty broke the support of 18100 and came to the lower point of the channel which is 18100

If market try to move from 18100 level then we can long nifty for the target of 18250 to 18350 stoploss will be 17980

Banknifty index is still positive and trying to sustain the Fibonacci level 0.5% which is 43020 to 42960

also trading above ema 50 on 15 minute time frame

strong support is 42500 that is previous swing low

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