ANALYSIS OF EQUITY MARKET
09 DECEMBER 2020
Every Year, Foreign institutional Investors Book their profits in the Month of December. This is done by Fund Managers Managing the FII Funds to show profits in their books and earn commission on the profit generated by them. We expect the similar pattern this year. Let us now analyse how deep can be this correction. Let us first see Some Data
NIFTY DAILY CHART
Levels to Watch : 12990, 12815 (Fibonacci 23.6%)
NIFTY WEEKLY CHART
Levels to Watch 12,797, 12390 (Fibonacci 23.6%)
ADVISE : STAY NIMBLE STAY SAFE BOOK YOUR PROFITS