How to trade Nifty on 1st November 2022
The index is closing above 18000.
18100 is previous swing high resistance and breaking above 18100 will trigger strong buying and long tern potential target will be 18600. We need to let nifty sustain or close above 18100 for confirmation.
On the flip side breaking below 17900 will trigger selling and we can see 300 to 400 points correction.
18100 is previous swing high resistance and breaking above 18100 will trigger strong buying and long tern potential target will be 18600. We need to let nifty sustain or close above 18100 for confirmation.
On the flip side breaking below 17900 will trigger selling and we can see 300 to 400 points correction.
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