Nifty daily analysis for 03/11/22

Nifty today has taken a halt on the high level. Sgx nifty currently is trading flat.

The market opened near yesterday’s high and came for selling from the initial hour.

Nifty is holding the level of 18070. It closed just 60 points lower.

On 15 minute time frame, the market crossed 20 ema and took resistance from the level.

Support:- 18000-20, 17950, 17900
Resistance:- 18175, 18175

Wait for the price action near the levels before trading the markets.
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