Nifty - Intraday Levels for 01 Nov 2022
Nifty Intraday levels for Tomorrow..
Expectation : Flat / Gap Up Open around 18000 or above
Nifty is closing above 18000 is a positive sign, tomorrow if any pull back to CPR / 17990 level we can possibly Go long and Target is 18090. We have Strong Resistance at 18090 where Nifty may take reversal. Any breakout above we can expect Target 1 & 2 will be tested.
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!!
Expectation : Flat / Gap Up Open around 18000 or above
Nifty is closing above 18000 is a positive sign, tomorrow if any pull back to CPR / 17990 level we can possibly Go long and Target is 18090. We have Strong Resistance at 18090 where Nifty may take reversal. Any breakout above we can expect Target 1 & 2 will be tested.
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!!
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