Market Analysis for 11.11.21 (Wednesday )
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* Nifty 50 *
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Support Area Resistance Area
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1st Support Area : 17952.90-17969.00 | 1st Resistance Area : 18044.25-18053.90
2nd Support Area : 17872.55-17890.90 | 2nd Resistance Area : 18087.90-18099.15
* Nifty Bank *
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Support Area Resistance Area
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1st Support Area : 38626.70-38741.45 | 1st Resistance Area : 39140.85-39195.05
2nd Support Area : 38390.70-38469.10 | 2nd Resistance Area : 39370.80-39430.65
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Expectation : As for tomorrow Banknifty Looks bearish . People are having Short position in Nifty and Long in Banknifty .
This is what looks like.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
