NIFTY - Possible upside continuation
12,800 acts as a Strong Support for Nifty November expiry. Price clearly sustained above this level through the last week.
Also, we see buying in most of the Last week's candles. So, we can understand that the price is still in up trend.
The Near by Resistance for Nifty is placed at the psychological,13,000 level. If the price sustains over it, we can expect 13,200 for Nifty in the coming week.
Current Support is at 12,740 & 12,610 levels
Also, we see buying in most of the Last week's candles. So, we can understand that the price is still in up trend.
The Near by Resistance for Nifty is placed at the psychological,13,000 level. If the price sustains over it, we can expect 13,200 for Nifty in the coming week.
Current Support is at 12,740 & 12,610 levels
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