Pre-Open Daily Tech ideas of Nifty & Bank Nifty Spot for 20.12.2021

Pre-Open Daily Tech ideas of Nifty & Bank Nifty Spot for 20.12.2021

Another big week coming ahead. Last Friday Nifty shed 263 points or 1.53 % to close at 16985.

Bear expectation to touch 16666/600 as long as stays below 17136/17112.

Immediate Support 16950/16900 Resistance 17112/136.

On the up side :-

Bulls need to move above 17083 & more above 17112/17136 for a move towards 17214.

Major 17292/315.

On the Down side :-

Bears need to move below 16900 & more below 16868 for a move towards 16804.

Major 16782/751. Very Major 16666 & 16600.

For Bank Nifty Spot :-

On the Upside :- Bulls need to move above 35820 for a move towards 35930-36250 & 36460/560.

On the Down side :- Bears need to move below 35500 for a move towards 35300-35065-34900/700.

Source : Eureka

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