Nifty prediction for 27/12/19

Nifty posted big red candle below previous day's candle. In our #sharee #analysis #software nifty has given 5 DMA (short term) sell signal with stop loss of 12287. Intraday, MACD and key reversal strend are also down. The targets given by software are 12036, 11991 and 11856. BankNifty has also given sell signal with stop loss 32502 with target of 31600, 31402 and 30807. So nifty may fall further. Lets us watch for the same.

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Nitin Shripad Joshi

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www.vedantmarg.com