1. RSI Divergence on daily charts suggests reversal in near term.
2.Support seen at 9820 and resistance around 10280 levels.
3. But keep in mind that in last 7 out of 10 years,Nifty gave negative returns in the month of November. So,bounce back should be used as shorting opportunities.
2.Support seen at 9820 and resistance around 10280 levels.
3. But keep in mind that in last 7 out of 10 years,Nifty gave negative returns in the month of November. So,bounce back should be used as shorting opportunities.