Indice NIFTY 50

Trade Set up for Nifty 19 Dec 2023

73
The gap area of 14 Dec is the first low for this analysis and the recent high was the top point choosen. Since global markets closed on mixed signals. Nifty can remain sideways to form consolidation zone. For Day Traders good Support to enter is at 21282 levels which is 50% retracement level. Nifty is above all major Moving averages so any dip is a buying oppurtunity untill critical MA's are violated

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