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Nifty - Intraday Levels for 31 Oct 2022

NSE:NIFTY   Indeks Nifty 50
Nifty Intraday levels for Monday..

Expectation : Gap Up Open around 17900 - Probably 18000 will be tested. Incase 17780 is compromised on lower side we can expect down side move. But Monday mostly Rangebound / Sideways move if Nifty Opens with Big gap up.

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!!

Penafian

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