NIFTY DID ALMOST 12100. NOW SUPPORT 12100-12080 MUST HOLD FOR 12166-12180. AS HOURLY RSI AT OVERSOLD ZONE SO GAP UP OPENING EXPECTED NEAR 12160 LEVELS. ONLY ABOVE 12180 CAN SEE 12220-12250 LEVELS. ABOVE 12250 TARGETS 12300-12350. 12050 WILL ACT AS IMPORTANT SUPPORT LEVELS. IF CLOSED BELOW 12050 THEN WE CAN SEE 11850 LEVELS.

SUPPORT: 12100-12080-12050-12005.

RESISTANCE: 12160-12180-12200-12220-12250-12300.

NIFTY OPTION FOR 27/12/2019:

BUY 12100 CE 02 JAN @101 STOP 85 TGT 109-119-127-139-150.

BUY 12200 PE 02 JAN @92+ STOP 82 TGT 103-111-121-130-145.

PE TO BUY BELOW 12100 NS, CE ABOVE 12142 NS.