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Nifty, Bank Nifty December 5-9 Analysis, levels, Support And Resistance - News009

 Visakhapatnam, Andhra Pradesh - 




Nifty is having important date on 5th december which is having high 18728 and low 18590, Trading basing on this levels, Intraday traders buy above 18728 on 15min candle close and positional on daily close. same way downside sell below 18590 intraday and positional. 

Same way for banknifty take 5th december high and low and after breakout trade on intraday and positional.

Today there is 35 bps rate hike by RBI in india so there can be breakout today or tomorrow and movement can be 300-500 points after breakout. 

yesterday posted in my telegram channel - 'Stock market trading training' that selling pressure come and we got more than 100 points sell side.

also posted same this article in youtube - News009telugu.

Key Events This Week - 

7th - India - RBI Interest Rate.

8th - USA - Jobless claims.


Disclaimer - Any views are only for education purpose. Contact your advisor before any trade.

Any Quiery - Contact Prakash, PH - 8050797018

upstox


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Location: Narsipatnam, Andhra Pradesh 531116, India

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