In the previous session :
Nifty went up by 58 points then went down by 244 points before closing lower by 185 points on Friday.
Nifty made a new life time high of 18604.45 in this upmove from the lows of 7511.10 made on 24th March 2020
On 29th Oct :-
Nifty triggered our long trade and took our stoploss. Post that Nifty triggered our short trade and completed all targets doing 180 points.
For 01st Nov :-
Sustaining above 17720 enter for 17750 - 17785 - 17875 , SL 17685
Now for this week :
Nifty has to break and sustain above 17750 - 17800 where it has its initial resistance for a further move towards 17935 - 17970 where it has its next resistance for the week
Nifty has to break and sustain below 17595 - 17545 where it has its initial support for a further move towards 17410 - 17375 where it has its next support for the week
Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .
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Disclaimer : These are my personal views and one should do their own research before entering any trades based on them . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.
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