INDIAN MARKET STOCKS, NIFTY CASH & FUTURE TIPS AND TARGET FOR TODAY 16 DECEMBER 2019 MONDAY

NIFTY CASH CLOSED AT 12087

Friday advised that if it will trade above 12008 than it will ONE WAY go to 12044 and 12078, and at the end it made HIGH of 12099 also :)

NOW,

Today, tomorrow, this week or later or sooner, at least for even 1 second also it will touch 12006 for sure. So just keep this in mind.

And normally, 11988 have become very strong support for now, and it is always safe till it will keep trading and closing above 11988.

If in case it will break 11988 on closing basis, and next day also do not cross 11988 than only panic will be seen till 11888 followed by 11768. This 11768 is so strong that it wil surely bounce back from there, at least once.

If it will cross and sustain above 12108 today with huge volume for 15 minutes at least than sharp rally will be seen till 12144 12472, and profit booking will be seen there.

So first trading range for now is 11988 and 12108, and I will immediately update new targets once it come out of these 2 from either side.

GOOD LUCK

SOURCE : WWW.INDIARIGHTNOW.COM

INDIAN MARKET STOCKS, NIFTY CASH & FUTURE TIPS AND TARGET FOR TODAY 13 DECEMBER 2019 FRIDAY

NIFTY CASH CLOSED AT 11972

Yesterday target above 11928, target was given 12008 and it made HIGH till 12005 at last :)

NOW,

If it will break 11962 today than too strong support is at 11938 and it is safe till it trades above these 2 levels. Panic will be seen only if it break 11938 with volume for 15 minutes (or on closing basis). If it breaks 11938 than 11888 followed by 11768, and after that sharp recovery will be seen for sure, in normal market conditions.

If it will remain stable above 11962 than again it will go to 12008 and profit booking will be seen there.
If it will cross 12008 for 15 minutes with huge volume than it will ONE WAY go to 12044 to 12078 also for sure.

So the first trading range for today is 11938 and 12008.

I WILL UPDATE MORE DURING MARKET HOURS LIVE

GOOD LUCK