Anantrader

Nifty analysis for 13 NOV 2020

Short
NSE:NIFTY   Nifty 50 Index
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3
Nifty expected to Fall from current level.

Support at 12500 (Derived from Monthly option chain)
As per chart setup Nifty more likely going to break current wedge pattern on lower side.



Thoughts!!!!
Comment: Nifty broke the wedge on upper side, it seems FII are buying relentlessly.
let see if the moment continues, we might see new lifetime high on Nifty.
Order cancelled