NIFTY TREND THIS WEEK --09/11/2022 TO 11/11/2022
1. As seen on chart nifty has seen breakout candle at resistnace above 18100 on last closing daily candle successfully
2. Nifty can go towards 18400-18500 level next few session if sustained above 18200 level previous ATH can be tested .
3.if fail to sustained above 18100 -18200 nifty can fall to trendline support on daily chart around 17500-17700 level as red arrow indicate on chart .
4. trix line seeN crossover moving upword which i positive indication for further trend .
5. support form at 18000-18100 on Weekly basis and resistance at 18400-18500 stop loss bellow 18000 for this trend.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !!
HAPPY TRADING . !!
1. As seen on chart nifty has seen breakout candle at resistnace above 18100 on last closing daily candle successfully
2. Nifty can go towards 18400-18500 level next few session if sustained above 18200 level previous ATH can be tested .
3.if fail to sustained above 18100 -18200 nifty can fall to trendline support on daily chart around 17500-17700 level as red arrow indicate on chart .
4. trix line seeN crossover moving upword which i positive indication for further trend .
5. support form at 18000-18100 on Weekly basis and resistance at 18400-18500 stop loss bellow 18000 for this trend.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !!
HAPPY TRADING . !!