Nifty 20 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.

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Nifty: 

Market ATH little bit of correction comes there only buying opportunity but buying on a correct level. Right now buying on dips strategy but on the correct levels. Be cautious today weekly expiry both sides move coming. 

Today's important level is 17800 on the downside and the upper side is 18075-18100. 

Strong Support 17800 Levels.

Strong Resistance 18000 Levels.

Current Week PCR: 0.49 (Oversold zone)

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

Overall Sectors specific is better.