Nifty tomorrow trend 22nd December 2021



 On 21st December 2021 nifty 50 index made a high of 16936.40 and a low 16688.25  Nifty index closed at 16771.00

Weekly nifty trend - down

Daily nifty trend - down

Hourly nifty trend - down

Following are the important levels that I have found to  be relevant for tomorrows trading setup;

If market opens with a small gap up of 30 - 40 points the nifty will tag 16823.80 and if there is any rejection at 16823.8 then next support at 16735.40

If market opens with a small gap down of 30 - 40 points easy index will tag 16673.3 and next support will be at 16673

If market opens Gap Up: If big gap up  index is having all the chance to tag 16909

If market opens Gap down: If big gap down  index is having all the chance to tag 16400 levels very soon

22nd December 2021 can also see a trending day hold for one hour let the market cool down before taking any trade.

I am not a SEBI advisor this advice is not for trading its only my view and for you its only information for educational purposes only.


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