Nifty outlook 19th Oct 2023
Updated
Closing Range - 19558/19783
Extended range - 19476/19865
Nifty gave an unexpected downward move of 180 points due to global unrest. Low volumes in the last 2-3 days was hinting this maybe. The major support of 19700 was also broken. Now the next support is at 19600 & then 19550 and 19800 on the upside.
P.S. - 0.5%-1% return on capital can be considered good in intraday.
Extended range - 19476/19865
Nifty gave an unexpected downward move of 180 points due to global unrest. Low volumes in the last 2-3 days was hinting this maybe. The major support of 19700 was also broken. Now the next support is at 19600 & then 19550 and 19800 on the upside.
P.S. - 0.5%-1% return on capital can be considered good in intraday.
Trade closed: target reached
Closed within the rang mentioned above.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.