NIfty Prediction today 31st Oct

NSE:NIFTY   Nifty 50 Index
Nifty has been quite bullish for past 2 days after a long fall. but it seems it has a resistance to upside now as shown in the chart. It might move to the 19250 and then have some consolidation.
  1. 200 EMA Resistance (Good Resistance)
  2. Price Action Resistance (Red Zone upside)
  3. Price > (13,50) EMA (shows bullishness)
  4. EMA(13,50) Crossover (Bullish)
  5. PCR = 0.78 (Neutral)
  6. RSI > 50 (Bullish)
  7. RSI Bearish Divergence

Mild Bullish

Plan of action:
Observe the 15 min Candle, follow the price action.


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