Nifty levels for Upcoming session - 09-10 Nov 2020

NSE:NIFTY   Nifty 50 Index
Nifty levels for Upcoming session : 09-10 Nov 2020
2H chart used for analysis

Trading Range:
12000-12400 is the Trading Range for upcoming session.

Resistance & Support /Chart Pattern & Trend:
Red colour trend line is acting as resistance so we can see move toward the remaining trend for one session and then we can see the little bit correction.
(Around 5-7% ,due to profit booking/ US government /W Expiry)

PE: 33.09 (03 Oct 2020) , 34.87 (Highest PE)

RSI: 68.45 (1 D Timeframe Chart)

FII & DII Activity:
FII- Net Value: +4869.87 Crores
DII- Net Value: -2938.66 Crores

Disclaimer: I am not SEBI Registered ,This is just my own view.


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