Nifty Kel Levels and Zones For Intraday [25th Nov 2022]Nifty today runs a lot. What an expiry!
For tomorrow, Nifty may pause and take support near 18440, and 18400. Buy on dips strategy must be adopted as the short-term trend is bullish.
Strong support is at around 18330 labels.
A break of 18300 will signify a trend reversal. So, Nifty will remain bullish above 18300.
The view is entirely for scalping or intraday trading only.
Intradaynifty
NIFTY intraday 040120221. Lot of Put writing at 17500 AND 17600 indicates , NIFTY will be moving up now , crossed 17640 mark
2. for monthly lot of put writing at 17500 , next resisitance is at 18000 levels .
3. NIFTY working perfectly as per Trade plan and the levels indicted
4. SGX nifty trading +50 , Gap up is expected tomorrow .
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NIFTYINTRADAY 50120221. Very Steep Trendline ins not healthy for bigger Up Move
2. SGX at 17854 , Tomoorw it will opn gap up around 30 points and will move down due to some profit booking . Last time 17800 was major support
3. lot of Put writing doen at 17500 , 17400 and 17000 levels ,
4. probability of moving up is more , but will retrace till 17650 levels and will bounce back to 17800 and will move up
5, Reliance and HDFC twinsa re consolidating, TCS is at good Lelves Double top formation , Infy concolidating ,
6. Out of Big 5 , trend is Moving Up , helped by reliance . Upward movement in These will take NIFTY Upward which seems is the case now .
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