nifty 20-12-2021

#NIFTY50

today we might see gap down as per SGX nifty data suggest , intraday postion will be very tricky to tell in pre market .

But 17000 -16950 is high resistance zone for today intrday day , if you get nifty in opening 30 min you can create a short postion with 17130 as SL , you will get good RR

or wait for market to create a range then build your postion accordindly

if nifty open below 16900 then we have a very small room for intraday

Many things to considered for today , mainly mutli timeframe view is important

I have given levels in chart for your reference

Chart PatternsHarmonic PatternsTrend Analysis

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