NIFTY 07/11/2023
Overview- Most of the Asian Markets closed lower, this could be attributed to profit booking considering most markets have been consistently positive through the last week. US markets are completely mixed, mostly dominated by results.
Outlook for 08/11/2023- Nifty remained completely sideways throughout the day. The important levels remain at 19312 as support and 19438 as resistance. Any move above 19438 might be fantastic for option buyers and next resistance at 19540. In case the market turns negative, 19315 level will be deciding level for Nifty.
Note- This is Purely Educational and not any Investment Advice.
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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.