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Nifty daily analysis for 10/11/22(weekly expiry)
Indice Nifty 50
Nifty daily analysis for 10/11/22(weekly expiry)
Di TheMamboMomentum
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9 nov 2022
0
9 nov 2022
Nifty after a gap up remained for selling and closed 45 points lower.
The markets are still volatile as its unable to closing convincingly above the 18200 level.
There is a downtrend formation on the hourly time frame, and markets have closed below the 20 ema.
Even on the smaller time frame, the markets have taken resistance from the moving average and closed aroung 18120 level.
Support :- 18100, 18050, 18000
Resistance :- 18200, 18255, 18310
Volatility will cut the profits as tomorrow is weekly expiry.
Wait for the price action near the levels before entering the trades.
BANKNIFTY
Candlestick Analysis
Moving Averages
NIFTY
nifty50
niftyanalysis
niftyoutlook
niftyprediction
niftytradesetup
niftytrend
niftyview
Support and Resistance
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