Nifty 50 IndexUpdated Nifty Analysis for 8th Nov
This is pre-market open and I haven't had much time to post today's analysis, but support and resistance stays almost same.
Refer to my previous post for details.
Red - resistance
Green - support
support becomes resistance once breach and same for resistance.
Thicker the line stronger the support/resistance.
Remember, always trade in the trend.
Refer to my previous post for details.
Red - resistance
Green - support
support becomes resistance once breach and same for resistance.
Thicker the line stronger the support/resistance.
Remember, always trade in the trend.
Note
01:20 PM--> Perfect support at 17850.
--> Perfect resistance break and retracement at 17960.
--> now what can happen : Either short fall from purple resistance line or consolidation.
--> Very less chance of breaking that purple resistance today.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.