Nifty Update on 03rd Nov. 2021

Good Morning, Everyone. I hope you did well in yesterday's trading session and made some good money from our analysis. Nifty fell exactly from our given level in yesterday's trading session and closed at 17,888.95. The sentiment is still negative, and 18,000 to 18,050the whole area is a considerable supply zone for nifty 50, so you need to be careful in your long positions.

India USD is trading at 17,981, almost 54 points up from the previous closing, so a 40-60 point gap up is possible in today's trading session.

Intraday & Key Resistance : 18,000 to 18,050
Key support : 17,650
Intraday support : 17,850

Trade accordingly