Nifty outlook 17 Nov 023
Closing Range - 19645/19884. Extended range 1 - 19557/19972, Extended range 2 -19448/20081
Nifty closed in green with high volumes. There was profit booking from days high. While the major trend remains positive now, we can expect more profit booking in the coming session or a sideways movement before Nifty finally move towards all time high.
Posible trade: Expect Nifty to be sideways to positive tomorrow. Trade with a positive bias.
P.S. - 0.5%-1% return on capital can be considered good in intraday. Trade with strict SL within the ranges mentioned above.
Nifty closed in green with high volumes. There was profit booking from days high. While the major trend remains positive now, we can expect more profit booking in the coming session or a sideways movement before Nifty finally move towards all time high.
Posible trade: Expect Nifty to be sideways to positive tomorrow. Trade with a positive bias.
P.S. - 0.5%-1% return on capital can be considered good in intraday. Trade with strict SL within the ranges mentioned above.
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