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Omahto

NIFTY Trade Setup For 16 Dec 2021

Indice Nifty 50 (NSE:NIFTY)  
Omahto  
NSE:NIFTY   Indice Nifty 50
Trend Analysis Harmonic Patterns Chart Patterns NIFTY niftytradesetup niftyintradaylevels niftyintradaytradesetup niftyanalysis niftybankanalysis niftylevels niftyexpiry nifty50 Contains image
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NIFTY Trade Setup For 16 Dec 2021

Buy-Above 17380
Sl-17350
T-17450 17500

Sell-Below 17190
Sl-17230
T-17100 17050 17000

Nifty has once again consolidated between 17400 and 17200. The best trade for tomorrow is that we will sell below 17190. In buying there are multiple resistance placed.
17000 has the highest OI. Also nifty is following a channel pattern in hourly timeframe. The trendline is marked in the blue. Our target would be that trendline for short.

Idee correlate

Omahto
BANKNIFTY Intraday Trade Setup For 16 Dec 2021
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