Hello Everyone, Expecting nifty to reach 18800. A gap down to 18656 can take market upto 18795. A rejection at 18795 (or Fridays high) and the gap above it means it can fall back to low of 18656. Momentum is on the upside. Watch 18800/18900 calls today and 18550/18600 puts. Fresh call writing at 18800 means 18795 zone will be rejected. Trade with caution.
Nifty - Sideways with bullish bias. Maximum of 18911 on upside. Look for bullish rejection candles at 18911. Fresh call writing at 18850/900 will bring down nifty if any gap up. Lower support at 18703. Look for reversal candles at 18703/723 in case of gap down. Fresh put writing at 18700/750 will take the market up. Chart for educational purpose. Trade at your...
Nifty analysis for 30/11/2022 - Long one side move expected.
Green will be resistance. Red level will be Support. Sideways day expected. Green line will act as turn level. Red supports (second one) can act as turn level. Weekly Expected expiry zones indicated. Trade as per your own risk.