Nifty 50 Index
Updated

Nifty - Weekly analysis Oct 27 to Oct 31

1 757
The price faced resistance at the 26100 - 26120 zone and fall down. Important support levels are 25600 and 25800. 25500 is a psychological level.
If the price opens flat, buy above 25820 with the stop loss of 25760 for the targets 25860, 25900, 25960, 26020, 26080, 26120 and 26180.
Sell below 25700 with the stop loss of 25760 for the targets 25640, 25600, 25560, 25520, 25480 and 25420.
We are having nearby support levels, namely 25500, 25600, and 25800. The price can change direction and become volatile in that area.
Always do your analysis before taking any trade.
Trade active
Long. T2 done. snapshot

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