NIFTY ANALYSIS FOR 20 JANUARY 2023

Nifty has formed a Bearish Harami pattern on Daily time frame, if it breaks todays low 18063, 150 pts down move is clearly expected with in a day or two.

Nifty Levels Above - 18161-183, 18238-250, 18300-318

Nifty Levels Below - 18038-052, 17926-948, 18876-853, 17778-764

Nifty will behave similarly volatile till it remains between 18265-17747