manuagarwal21

NIFTY 50 for tomorrow - 11 November 2022

NSE:NIFTY   Nifty 50 Index
Nifty opened with a gap on the downside @ 18044 vs the previous close @ 18157.

Since nifty opened below the support area, there were high chances that it going to test the next support @ 17950-17850 and it did.

Now tomorrow's opening can mostly gap up or gap down.

Immediate resistance @18056- 18035

Support @ 17950-17850 (Positional support Breaking this level, the index could slip further and faster.)

I will Buy only above 18060
I will Sell around 18056- 18035, on observing weak candles with strict Sl

Volatility will remain High.




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