1st week of 2023 of #Nifty to start with Data heavy week
Busy week ahead
US with center stage taken by labour market report, FOMC meeting minutes, ISM manufacturing and services PMI, foreign trade, factory orders, and Jolts Job Openings.
December- Inflation Data will be released for Euro Area, Germany, France, Netherlands, Turkey, Switzerland, Philippines, and Indonesia.
Investor to brace manufacturing PMIs from China, India, Spain, South Korea, Canada, Italy, and Switzerland.
Technically Ascending triangle on the daily chart with critical support placed at 17992 dropping below can lead to drop till 17800 or below. Meanwhile resistance is placed at 18330.
Derivative data Higher Put OI of 2.1Mn placed at 18000 while higher call OI of 2.7M at 18200 will be critical for the bulls to break for upside direction.
Momentum Oscillators RSI 47.07 (Neutral)
Trend Oscillators MACD(12,26) 34.65 (Neutral) ADX(14) 27.4 (Sell) volatility will be high
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.