Nifty - Intraday Levels for 02 Nov 2022

1 thg 11, 2022

Nifty Intraday levels for Tomorrow..

Expectation : Flat / Small Gap Down Open around 18100 or above

Nifty likely to Open Small Gap down, if that is the case we have strong support at 18100 where we can go Long. If 18100 support is compromised and Nifty closes below 18085 we can expect Target 1 & 2 on the lower side

Any breakout above 18175 we can expect 18300 as the Target for Long entry.

Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.

For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!