just my views:
based on fractals in nifty charts
on monday 22nd dec nifty may open with positive bias near 8250 but will face resistance near 8257-67 range again
may trade broadly in 8222-8257 range for first few hrs(till 11am)then may slide gradually towards 8184(will be lows of monday)(may move up again near eod toward 8203ns levels)
monday range 8184-8257
on tuesday may open with a small gapdown and may dip towards lows of 8143 ns levels and then upmove may come again for 8184ns levels towards eod
tuesday range 8198-8143(8148-8198-8143-8184)
on wednesday may trade in tight range of 8150-8185 for first few hrs
probable trgts are 8276 till friday open so possibly may see some part of it in last 1hr from 8150ns levels
based on fractals in nifty charts
on monday 22nd dec nifty may open with positive bias near 8250 but will face resistance near 8257-67 range again
may trade broadly in 8222-8257 range for first few hrs(till 11am)then may slide gradually towards 8184(will be lows of monday)(may move up again near eod toward 8203ns levels)
monday range 8184-8257
on tuesday may open with a small gapdown and may dip towards lows of 8143 ns levels and then upmove may come again for 8184ns levels towards eod
tuesday range 8198-8143(8148-8198-8143-8184)
on wednesday may trade in tight range of 8150-8185 for first few hrs
probable trgts are 8276 till friday open so possibly may see some part of it in last 1hr from 8150ns levels
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Thanks Sir
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