Nifty daily analysis for 08/11/23.
Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages.
On the hourly charts, the market seems to be consolidating in a range for last 2 days.
A break out can give a nice rally and nifty has more chances than the expiry index tomorrow.
Support :- 19330, 19270
Resistance ;- 19430, 19510
Wait for the market to give a break out or break down and watch for the price action near the level before entering the market.
On the hourly charts, the market seems to be consolidating in a range for last 2 days.
A break out can give a nice rally and nifty has more chances than the expiry index tomorrow.
Support :- 19330, 19270
Resistance ;- 19430, 19510
Wait for the market to give a break out or break down and watch for the price action near the level before entering the market.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.