Will nifty fall or sustain
Indian shares extend losses on COVID, inflation worries
Dec 22, 202216:01
Indian shares extended fall for a third straight session on Thursday, with broad-based declines, after the Reserve Bank of India's latest monetary policy minutes revealed strong concerns about inflation, while fears of a COVID resurgence weighed on sentiment.
The Nifty 50 index
NIFTY
closed 0.39% lower at 18,127.35, and the S&P BSE Sensex
SENSEX
fell 0.39% to 60,826.22.
Dow Jones falls 750 points after job data
#NASDAQ 3.51% down
Next possible levels
~Support
As per option chain 18100 ,18000 ,17900 seems to be an important support zone
Every above level is a resistance
Gapdow and sustains then we can scalp for 18100-150
Gap down and closes 15min candle below the support region we can short till the support zones
Dec 22, 202216:01
Indian shares extended fall for a third straight session on Thursday, with broad-based declines, after the Reserve Bank of India's latest monetary policy minutes revealed strong concerns about inflation, while fears of a COVID resurgence weighed on sentiment.
The Nifty 50 index
NIFTY
closed 0.39% lower at 18,127.35, and the S&P BSE Sensex
SENSEX
fell 0.39% to 60,826.22.
Dow Jones falls 750 points after job data
#NASDAQ 3.51% down
Next possible levels
~Support
As per option chain 18100 ,18000 ,17900 seems to be an important support zone
Every above level is a resistance
Gapdow and sustains then we can scalp for 18100-150
Gap down and closes 15min candle below the support region we can short till the support zones
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