Nifty - View and Levels for 07 Nov 2022

2022년 11월 6일

Nifty Intraday levels for Tomorrow..

Expectation : Big Gap Up Open is expected above 18200, Market sentiment is strongly Bullish for next week

Nifty likely to Open with Big Gap Up, If any pull back to previous day high / 18180 Resistance zone we can look for long entry.

Any breakout above 18185 we can expect 18300 as the Target for Long entry. We may expect 18500 during this week.

Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.

For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!