Nifty 50 to see further upside - Can test 18600 levels and up
25 NOV 2022 - INFOPLUGGED
Follow the trend and do not take trades against the flow. There is a positive bias overall and the market is still bullish over the week.
Nifty 50 after being in green over the last 2 sessions showed a good rally at the monthly closing. There is further upside expected and could test 18600. Following are the pivot levels expected for 25th NOV. There is good support on the 18400 level and heavy resistance at the 18600 level.
PIVOTS LEVELS
R3 18671.47
R2 18581.53
R1 18525.96
P 18436.02
S1 18346.08
S2 18290.51
S3 18200.57
Disclaimer: The content provided here is purely the views of the author and traders or investors need to follow their own analysis prior or consult a financial planner prior to investing. Investments in the stock market are subject to market risk.
Follow the trend and do not take trades against the flow. There is a positive bias overall and the market is still bullish over the week.
Nifty 50 after being in green over the last 2 sessions showed a good rally at the monthly closing. There is further upside expected and could test 18600. Following are the pivot levels expected for 25th NOV. There is good support on the 18400 level and heavy resistance at the 18600 level.
PIVOTS LEVELS
R3 18671.47
R2 18581.53
R1 18525.96
P 18436.02
S1 18346.08
S2 18290.51
S3 18200.57
Disclaimer: The content provided here is purely the views of the author and traders or investors need to follow their own analysis prior or consult a financial planner prior to investing. Investments in the stock market are subject to market risk.
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