Nifty 50 IndexShort
Nifty 50 - Tuesday 23 Nov'21 - Trend & Levels
Nifty 50 Trade Plan for 23 Nov 2021 - Tuesday
As I mentioned in my yesterdays idea, Nifty is achieved my Target 17600 level and never expected 500 points fall from Open.
For tomorrow I'm expecting market to Open Flat / small gap down.. and we can expect some selling pressure and then could be Sideways / Volatile day.
Next Support for Nifty is 17250 if this breaks down then more and more fall would come up to 17000 Round level and 16800 next Support Zone.
Indicator Description of the lines are given below in Order:
Green ------------------- R1
Aqua ---------------------Camarilla - R2 Bullish Breakout
Aqua -------------------- Camarilla - R1 Sell Zone
Yellow ------------------ TC
Red / Green (Middle) - Pivot Point
Orange ------------------ BC
Blue --------------------- Camarilla - S1 Buy Zone
Red ---------------------- S1
Blue --------------------- Camarilla - R1 Bearish Breakout
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your won analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis..
As I mentioned in my yesterdays idea, Nifty is achieved my Target 17600 level and never expected 500 points fall from Open.
For tomorrow I'm expecting market to Open Flat / small gap down.. and we can expect some selling pressure and then could be Sideways / Volatile day.
Next Support for Nifty is 17250 if this breaks down then more and more fall would come up to 17000 Round level and 16800 next Support Zone.
Indicator Description of the lines are given below in Order:
Green ------------------- R1
Aqua ---------------------Camarilla - R2 Bullish Breakout
Aqua -------------------- Camarilla - R1 Sell Zone
Yellow ------------------ TC
Red / Green (Middle) - Pivot Point
Orange ------------------ BC
Blue --------------------- Camarilla - S1 Buy Zone
Red ---------------------- S1
Blue --------------------- Camarilla - R1 Bearish Breakout
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your won analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis..
Disclaimer
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