Nifty 50 Trade Plan for 22nd Nov 2021 - Monday
After a long weekend, so many expectations are there with market whether it will continue to be Bearish or Trend is going to change to Bullish ..
Nifty slightly bearish when compared to Bank nifty and it can continue to trade between 17600 - 17750 levels. If 17600 breaks down then more fall would come till 17450 which is next support Zone.
For tomorrow I'm expecting market to Open small gap down around 17700 levels.. and if that is the case we can look for Sell Opportunity at 17730 levels. Target can be 17650 - 17600
Incase opens Flat then mostly Rangebound/Volatile market Nifty would trade. If Opens Gap up then market sentiment will change to Bullish and we can look for Buying opportunity.
The levels plotted for 22nd is based on Pivot Boss.. if any rejection or breakout on these levels will move to next levels.
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your won analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis..
After a long weekend, so many expectations are there with market whether it will continue to be Bearish or Trend is going to change to Bullish ..
Nifty slightly bearish when compared to Bank nifty and it can continue to trade between 17600 - 17750 levels. If 17600 breaks down then more fall would come till 17450 which is next support Zone.
For tomorrow I'm expecting market to Open small gap down around 17700 levels.. and if that is the case we can look for Sell Opportunity at 17730 levels. Target can be 17650 - 17600
Incase opens Flat then mostly Rangebound/Volatile market Nifty would trade. If Opens Gap up then market sentiment will change to Bullish and we can look for Buying opportunity.
The levels plotted for 22nd is based on Pivot Boss.. if any rejection or breakout on these levels will move to next levels.
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your won analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis..