Nifty 16 December 2021

Good Morning,

My today Nifty view...Please watch levels. If anyone takes a trade-in index, then book a small profit as per digestion. Be cautious in Index trade. 

Remember:

1. The market is supreme.
2. My view is also wrong.

Still, My same opinion if you have patience then...focus on the cash stocks market...7-15 day's hold and book good and safe profit.

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Nifty: 

Market ATH Little bit of correction comes there only buying opportunity but buying on a correct level. Weekly expiry little bit cautious because both side moves come. 

Today's important level is 17125-17150 on the downside and the upper side is 17325.   

Strong Support 17000-17100 Levels

Strong Resistance 17400-17500 Levels. 

Current Week PCR: 0.51

Nifty positive then go for the buying side if nifty negative then go the selling side. 

If  Nifty comes 17000-17100 levels in the opening session then try for a buy-side.

Overall Sectors specific is better.