Nifty for Nov 16

Nov 16, 2022

NIFTY

Nifty 16.11.2022 , Weekly Expiry Day , CMP 18,409
Nov 16 is weekly expiry day , last three days nifty is trading in range.
18,425 to 18,440 is supply zone on lower time frame. it can be broken in morning trading hours. if market open dull then 18,310 to 18,350 is demand zone, 18,325 is looks safe for buy a call . 18,290 is good location for SL.

Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.

Nov 17, 2022

Trade closed manually

worked successfully