Analysis:
Weekly
EVENT (Feb 1 Budget date ) So My Experience volatility will be there and Indian vix will increase upto budget date
1. Upper side is having resistance and bottom side having support .
So wait for the range breakout or breakdown
2. As per the closing bases
*Closing base 26 dec 2022 18105.30
*Closing base 02 jan 2022 17859.45
*Closing base 09 jan 2022 17956.60
*Closing base 16 jan 2022 18027.65
*Closing base 23 jan 2022 17891.95
( So the close to close bases support level is round number 17800 Below this selling will start )
( Buying will happened in 18250 to 18300)
Note : This is just prediction and market it may happen any thing so follow the risk reward ratio.
Weekly
EVENT (Feb 1 Budget date ) So My Experience volatility will be there and Indian vix will increase upto budget date
1. Upper side is having resistance and bottom side having support .
So wait for the range breakout or breakdown
2. As per the closing bases
*Closing base 26 dec 2022 18105.30
*Closing base 02 jan 2022 17859.45
*Closing base 09 jan 2022 17956.60
*Closing base 16 jan 2022 18027.65
*Closing base 23 jan 2022 17891.95
( So the close to close bases support level is round number 17800 Below this selling will start )
( Buying will happened in 18250 to 18300)
Note : This is just prediction and market it may happen any thing so follow the risk reward ratio.