praveen.gupta

Nifty for Nov 18 , Looks bearish

praveen.gupta Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY
Nifty 18.11.2022
CMP 18,343
18,386 to 18,411 is supply zone on 1 hr candle. if index reach near to it buy ATM put.
on lower side 18108 to 18258 is the pro GAP (on daily chart) which was created last week, so it may fill the gap.
nifty looks bearish avoid calls.

Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.
Trade closed: target reached:
worked successfully , first touched supply zone and reacted very good.
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