ViVenTraders

Nifty - View & Intraday Levels for 18 Nov 2022

Short
NSE:NIFTY   Nifty 50 Index
Nifty Intraday levels for Tomorrow..

Nifty - Unable to sustain above 18410 and there was sharp sell off in last 30 mins.

We can expect Gap down/Flat Open, in that case 18350 will be the strong resistance 18286-18300 is the support zone. If 18286 is compromised Target 1 and 2 levels will be tested.

Looks like Short term Bearish Trend Started. can expect 18000


Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.

For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

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