#NIFTY50 ( 19- DEC-THURSDAY )
➖Formed a BEAR bar on day chart making jt a expending structure.
👉PCR - 0.38
⚡️INDIAVIX :- 14.37
🏦Thursday FII-Net Sell (-1317)Cr
DII- Net BUY +4084 Cr
👉NiftySupport Levels
24100,23825
👉NiftyResistance levels
245020,24700,24855.
Verdict :- Fed Cut rates by 25 BPS but now says will not cut further.
On technical chart it will gonna open gap down huge around 23900 level and after some pullback can resume down move towards daily trendline support @23500 zone
➖Formed a BEAR bar on day chart making jt a expending structure.
👉PCR - 0.38
⚡️INDIAVIX :- 14.37
🏦Thursday FII-Net Sell (-1317)Cr
DII- Net BUY +4084 Cr
👉NiftySupport Levels
24100,23825
👉NiftyResistance levels
245020,24700,24855.
Verdict :- Fed Cut rates by 25 BPS but now says will not cut further.
On technical chart it will gonna open gap down huge around 23900 level and after some pullback can resume down move towards daily trendline support @23500 zone
🌐GLOBAL:-
GIFTY - -341 Points Gap Down.
DJI :- crashed by -1123 points
NASDAQ:- Closed -791 points down