Nifty Weekly Analysis For 06-11-23 to 10-11-23
Nifty Weekly Analysis For 06-11-23 to 10-11-23
Nifty is in Correction Phase for the previous Impulse Move(Down move).
19350-19480 is the Major Resistance For Nifty Next Week.
If Nifty Sustains Above 19500, more upside possible and Targets are 19680/19800.
Short Only Below 18800 as it is the major Support for coming Week.
Verdict: Nifty may test the 19350-19500 levels and we may see fall again.
Plan a Reversal From the Resistance Level For a Good RR.
Nifty is in Correction Phase for the previous Impulse Move(Down move).
19350-19480 is the Major Resistance For Nifty Next Week.
If Nifty Sustains Above 19500, more upside possible and Targets are 19680/19800.
Short Only Below 18800 as it is the major Support for coming Week.
Verdict: Nifty may test the 19350-19500 levels and we may see fall again.
Plan a Reversal From the Resistance Level For a Good RR.
Trade closed: target reached