NumroTrader

NIfty Future Weekly Prediction - 20.11 to 24.11 - Trading Marcos

NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trading Marcos is presenting the Nifty November Future Weekly Analysis for the week commencing from 20.11.23 to 24.11.23

Anticipated Nifty future trading ranges suggest the upper limit around 20271 and the lower limit around 19340. The potential weekly movement on either side is 435 points from the trigger point, namely 19806.

Weekly Long Positional Levels:
Initiate a buy position at 19757
Target 1: 20093, Target 2: 20270
Consider adding an additional position at 19701
Positional Stoploss: 19615

Weekly Short Positional Levels:
Initiate a sell position at 19645
Target 1: 19519, Target 2: 19342
Positional Stoploss: 19787

If you find merit in these insights, connect with me on social media or instant messengers! Your support is highly appreciated.

Note: This analysis is intended for educational purposes; contemplate paper trading based on the suggested levels. I am not a SEBI registered analyst.

Seasoned index & commodity trader with excellent technical analysis skills.

Let's connect for daily intraday and weekly levels t.me/numrotrader
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