Nifty Outlook for 17th Nov

  In the previous session : 

Nifty went up by 109 points before closing higher by 50 points on Saturday as compared to the previous day's close. 

Nifty  made a new life time high of 12828.70 in this upmove from the levels of  7511.10  . 

On 14th Nov :

Nifty made a new lifetime high on Muhurat trading day and also closed at its highest lifetime closing level of 12770.60 . 

For 17th Nov :

 

Sustaining above 12805 enter for 12825 - 12850 - 12910 , SL 12780

Sustaining below 12735 enter for 12715 - 12695 - 12630 , SL 12760

 

Now for this week :

Nifty has immediate resistance at 12775 - 12805 zone and closing above it we may see a further move towards 12895 - 12920 zone 

Nifty has immediate support at 12665 - 12635 zone and closing below it we may see a further move towards 12545 - 12520 zone . 

Incase we get a gap up beyond the 1st target then will update fresh levels as per pre opening on 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.