In the previous session :
Nifty went up by 118 points before closing higher by 87 points on Thursday.
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 04th Nov :-
Nifty triggered our long trade with a gap up above our 1st target and stayed in a narrow range on muhurat trading day.
For 08th Nov :-
Sustaining above 17985 enter for 18025 - 18070 - 18190 , SL 17935
Now for this week :
Nifty has to break and sustain above 18025 - 18090 where it has its initial resistance for a further move towards 18270 - 18315 where it has its next resistance for the week
Nifty has to break and sustain below 17815 - 17745 where it has its initial support for a further move towards 17565 - 17515 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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