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Nifty 50 Index

Mighty Nifty - Analysis for Nov 9

By vanathi
Mod
Updated
Gap up opening should sustain 18300 - 18320. Buy above 18320 with the stop at 18280 for the targets 18360, 18400, 18440 and 18480. We have resistance at 18480 - 18500. Bearish below 18300 with the stop at 18340 for the targets 18260,18220 and 18160. Note : Trade along with the trend to be consistent.
Note
18300 has formed as strong resistance.
Note
18200 - 18220 is trendline support. snapshot
Note
Consolidating in narrow range. snapshot
Note
Gave nice scalping set ups. snapshot
Trend Lines
vanathi
Mod
Role I play here : Moderator.
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