Nifty after the initial gallop will consolidate and would be flat, the last 90 mins were rangebound between 18667 & 18616. ADX must move over 25 to point toward a trending market. Also, price volume needs to move over its signal line else the index is expected rangebound.
PIVOTS Levels
R3 18742.05
R2 18693.94
R1 18664.21
P 18616.1
S1 18567.99
S2 18538.26
S3...
25 NOV 2022 - INFOPLUGGED
Follow the trend and do not take trades against the flow. There is a positive bias overall and the market is still bullish over the week.
Nifty 50 after being in green over the last 2 sessions showed a good rally at the monthly closing. There is further upside expected and could test 18600. Following are the pivot levels expected for...