Mighty Nifty - Analysis for Nov 7

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Price is trending up taking trend line support. If price opens gap up, 18260 - 18280 will act as support for the move towards 18320, 18350. We can expect resistance at 18350 - 18360. The price will have pull back towards 18220 if the resistance at 18350 is not taken out by bulls. As of now nifty is having bullish strength.
Ghi chú
No long entry. Price made high 18255 and retracing. ảnh chụp nhanh
Ghi chú
Strong 2 side movement. ảnh chụp nhanh
Trend Lines

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