Nifty 50 Index

Nifty - Expiry day analysis Nov 18

866
The price was bullish, but the movement was slow today as it was nearing the psychological zone of 26k. And we can see a small consolidation around this area, double top resistance. Sustaining above 26020 is important for further moves.
Buy above 26020 with the stop loss of 25960 for the targets 26060, 26100, 26160 and 26200.
Sell below 25860 with the stop loss of 25910 for the targets 25820, 25780, 25720, 25680 and 25640.
The expected expiry day range is 25800 to 26200.
Always do your analysis before taking any trade.
Note
Rejection from 26020 and not breaking 25900 shows, the price can form a range. snapshot
Note
Next support levels are 25650, 25300 zone. snapshot

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