stevenwilson2402

Nifty view for next week (26 Nov expiry)

Long
NSE:NIFTY   Nifty 50 Index
Possibility 1: Nifty will open above 12900 on Monday (if global cues are positive). It may extend gains up to 12950 as per the option chain and then fall back to 12800. Good support at 12800 levels.


Possibility 2: There is a slight chance of Nifty touching 13028 but it will not stay above it for a considerable amount of time. If it stays then next stop would be above 13100 and beyond.



As of now no targets below 12750 is seen.
Data need to be reviewed on Monday post market closing.

Keep checking this space for everyday update on Nifty movements


PS: Trade as per your own analysis. Only for educational purposes.

Trade closed: target reached: Target of 12962 reached and nifty reversed. Now nifty may touch 12822 and reverse again.

It may again close in green today.
Trade active: Nifty touched 12833. Keep holding for targets of 12750-12650

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