Nifty 05 January 2022

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.

---

Nifty: 

Market ATH Little bit of correction comes there only buying opportunity but buying on a correct level. 

Today's important level is 17675-17700 on the downside and the upper side is 17875. 

If gap-up then avoid the trade and focus on the equity side. 

Strong Support 17600-17700 Levels.

Strong Resistance 18000 Levels. 

Current Week PCR: 1.51

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

Overall Sectors specific is better.