Mighty Nifty - Weekly Review Jan 2 - Jan 6
I wish all my readers a very happy, peaceful and properous new year 2023. With your support only, daily analysis for indexes are made possible and I thank you all. Even though the indexes are volatile we have seen very good movement in it. We can make money if we develop skills to handle the volatile movement and manage our emotions during trading.
Last week the price tested 18000 and once again bulls have managed to hold it. 18000 will remain as the strong support for this week also. Buy above 18040 with the stop loss of 17980 for the targets 18100, 18160, 18220, 18300 and 18360. Sell below 17940 with the stop loss of 18000 for the targets 17880, 17840, 17780 and 17720.
Last week the price tested 18000 and once again bulls have managed to hold it. 18000 will remain as the strong support for this week also. Buy above 18040 with the stop loss of 17980 for the targets 18100, 18160, 18220, 18300 and 18360. Sell below 17940 with the stop loss of 18000 for the targets 17880, 17840, 17780 and 17720.
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