Nifty 50指數

NIFTY prediction analysis for 6th Nov

119
NIFTY is moving in the rectangle Pattern which shows the higher HIGH and higher LOW.
on Friday market opened HIGH on the price-action resistance but could not break it to upside it consolidated whole day in a small range a bad day for option buyers. if NIFTY could break the resistance to upside then it can give a potential move for buyers.
Nifty seems neutral so far.
Reasons:
  1. EMA 50, 200 as a nice support point. (Bullish)
  2. Price-action Resistance to upside. (Bearish)
  3. RSI <40,60> (sideways moment)
  4. likely to take support 19075
  5. PCR = 0.79 (Neutral)


Verdict:
Neutral

Plan of action:
wait for nifty to break rectangle inside rectangle go only for selling NO OPTION BUYING.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。