NIFTY 50 for tomorrow - 7 December 2022
Nifty opens Gap down at 18600 vs the previous close at 18701.
Since nifty opened at support around 18600-18550, we saw some recovery from there and it closed near the day's high at 18642.
Now what's for tomorrow:-
Above 18550 - the next resistance is at 18700-18720
Immediate support @ 18550-18600
Sustaining above these levels, the index can move towards 18700-18720, above these levels, the index is likely to trend better.
Below 18550 - next support is at 18160
Trending above 18720
Trending below 18500
Since nifty opened at support around 18600-18550, we saw some recovery from there and it closed near the day's high at 18642.
Now what's for tomorrow:-
Above 18550 - the next resistance is at 18700-18720
Immediate support @ 18550-18600
Sustaining above these levels, the index can move towards 18700-18720, above these levels, the index is likely to trend better.
Below 18550 - next support is at 18160
Trending above 18720
Trending below 18500
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.