Nifty Bearish View for Next Few Weeks If Not able to sustain above Lakshman Rekha then we can see DOWN Levels in Nifty Target 1, Target 2 and Final GAP Filling at Target 3 levels
Nifty Hourly Trade Plan for 22 Dec 2022 Hourly Trend - Down Scenario 1 : Gap up Action - Wait for Upper resistance levels to Short for the target of lower end of the channel Scenario 2 : Gap Down Action - Wait for lower support levels to buy for the target of mid range of the downward channel and Short again for the lower end of the channel
BankNifty Hourly Trade Plan for 22 Dec 2022 Scenario 1 : Gap up Action - Wait for Upper resistance levels to Short for the target of lower end of the channel Scenario 2 : Gap Down Action - Wait for lower support levels to buy for the target of mid range of the downward channel and Short again for the lower end of the channel